Zelenskyy names sanctions, which he considers most powerful blow to Russian economy

Ukrainian President Volodymyr Zelenskyy has listed potential measures that would be the best sanctions strike against Russia, Report informs.

"Priorities include Russia's banking sector, banks in third countries that continue trading with Russia, and the "shadow fleet" infrastructure that funds Russia's war budget: ship captains, insurers, oil terminals, and market operators enabling Russian schemes. We are also preparing a European anti-circumvention tool to block Russia's access to critical goods and shut down schemes designed to bypass sanctions.

Consultations between the EU and the US are ongoing to combine the full weight of sanctions pressure, especially against Russian energy revenues. Ukraine continues to synchronize sanctions. UK sanctions against Russia are already in force in our jurisdiction, alongside Canada's sanctions and all 18 EU packages. Japan's sanctions are next, and we will complete that process this month. Together with partners, we are working on further synchronization across jurisdictions.

Since the start of this year, Ukraine has adopted 44 sanctions packages against Russian entities, their foreign enablers, and individuals fueling the war. These measures target Russia's military-industrial complex, supply chains for critical components, budget revenues, and individuals spreading Russian war propaganda and interference. Most importantly, Ukraine's proposals are increasingly becoming part of international sanctions policy. I thank all partners who help make this possible.