Sanctions imposed on Russia are working, but it's not enough, they need to be strengthened - Shmyhal
Kyiv • UNN
Prime Minister Denys Shmyhal stated that sanctions against Russia are working, but they are not enough. He emphasized the need to strengthen sanctions, especially against the energy and banking sectors, as well as the shadow fleet.
Prime Minister Denys Shmyhal emphasized that the sanctions imposed on Russia are working, but it is not enough. Sanctions need to be strengthened, especially against the energy and banking sectors, and the shadow fleet. Shmyhal said this during the Ukraine Recovery Conference, as reported by UNN.
We must also translate this into joint actions to fight Russia together, to cut off all resources from Russia so that they cannot finance this war. The sanctions imposed on Russia are working, but it is not enough. These sanctions need to be strengthened, especially against the energy and banking sectors, the shadow fleet, and secondary sanctions are important. We also emphasize the full confiscation of frozen Russian assets. They must be used for the reconstruction of Ukraine.
Recall
The reconstruction and modernization of Ukraine after the end of the war with Russia will cost approximately $1 trillion over a period of 14 years.