Seizing Russian assets to aid Ukraine sets bad precedent, professor says

Nicholas Mulder stresses risks of blurring line between public and private assets

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A Ukrainian soldier holds an artillery shell near the town of Kreminna, Ukraine, on March 4. Fighting in Ukraine has been going on for over two years. © Reuters

KOSUKE TAKAMI, Nikkei staff writer

WASHINGTON -- With the war in Ukraine now in its third year, Group of Seven countries are weighing more aggressive sanctions against Russia to weaken Moscow's ability to finance the invasion.

But Nicholas Mulder, assistant professor at Cornell University in the U.S. who has extensive knowledge of the history of sanctions, warned that there are risks that come with measures like confiscating frozen assets in an interview with Nikkei.

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