Ukrainian President Volodymyr Zelenskyy has called for “maximum” sanctions against Russia during a virtual speech to corporate executives, government officials and other elites on the first day of the World Economic Forum gathering in Davos, Switzerland.
He said on Monday that sanctions need to go further to stop Russia’s aggression, including an oil embargo, blocking all of its banks and cutting off trade with Russia completely. He said that it’s a precedent that would work for decades to come.
“This is what sanctions should be: They should be maximum, so that Russia and every other potential aggressor that wants to wage a brutal war against its neighbour would clearly know the immediate consequences of their actions,” Zelenskyy said through a translator.
He also pushed for the complete withdrawal of foreign companies from Russia to prevent supporting its war and said Ukraine needs at least $5bn in funding per month.
“The amount of work is enormous: we have more than half a trillion of dollars in losses, tens of thousands of facilities were destroyed. We need to rebuild entire cities and industries,” Zelenskyy said.
Credit: Aljazeera.com
