Kyiv: Ukrainian President Volodymyr Zelenskyy emphasised the position of sanctions in weakening Russia’s battle efforts, lauding the US’s latest introduction of “extremely efficient” sanctions concentrating on Russia’s banking sector.
Zelenskyy mentioned additional that whereas these measures considerably weaken Russian President Vladimir Putin’s regime, extra must be finished.
The USA on November 21 imposed sanctions to curtail Russia’s use of worldwide monetary system.
Sharing a submit on X on Monday, Zelenskyy wrote, “Sanctions are equally very important. This week, the US launched new, extremely efficient sanctions concentrating on Russia’s banking sector. These measures considerably weaken Putin’s regime.”
He added, “Nevertheless, extra is needed–Russia should lose its capability to fund the battle each single week. Irrespective of how extensively Russia resorts to blackmail, the world should stay resolute. Solely by sustaining strain can we convey true peace nearer.”
The Ukrainian President additionally spoke in regards to the defence packages supplied by Denmark, america, Germany, Canada and expressed his gratitude for the help.
He mentioned, “This week introduced a number of new defence assist packages for Ukraine. Denmark has allotted roughly 1 billion kroner, and the funds will likely be directed towards supporting our defence business. Norway has ready an preliminary tranche following the Danish mannequin to bolster weapons manufacturing in Ukraine. Equally, Sweden is becoming a member of the financing efforts beneath this mannequin.”
“The USA has supplied a USD 275 million package deal, which incorporates HIMARS ammunition, Javelins, drones, and mines–critical provides for defending positions, significantly within the Donetsk area. Moreover, there’s a new package deal from Germany and a NASAMS system from Canada. We’re deeply grateful for every such step,” the submit added.
Notably, a press assertion issued by US State Division Spokesperson Matthew Miller on November 21 mentioned, “The USA is right this moment imposing sanctions on 118 people and entities that function in Russia’s monetary providers sector and help the Kremlin’s battle effort. These targets embrace Gazprombank, Russia’s largest remaining financial institution not beforehand blocked by america, dozens of extra Russian banks nonetheless sustaining ties to the worldwide monetary system, and particular person Russian banking officers. The Division of the Treasury can also be issuing an alert describing sanctions dangers associated to becoming a member of Russia’s System for Switch of Monetary Messages, which the Kremlin created and makes use of to evade sanctions.”
The assertion additional mentioned that the motion reaffirmed the US dedication to curtail Russia’s capacity to make use of the worldwide monetary system to conduct its battle towards Ukraine and disrupt Russia’s makes an attempt to make cross-border funds for dual-use items and army materiel.
“We are going to proceed to take all acceptable actions to advertise accountability for individuals who allow or revenue from Russia’s unlawful battle,” the assertion added.
