The Minister of Finance of Ukraine Serhii Marchenko held a virtual meeting with the Federal Councillor of the Federal Department of Finance of the Swiss Confederation Ueli Maurer.

Serhii Marchenko thanked the Swiss Government for supporting Ukraine, in particular for imposing sanctions on russian legal entities and individuals, despite Switzerland's historically neutral status. Today, the Swiss list of sanctioned persons is fully in line with EU sanctions policy.

Separately, the Minister of Finance of Ukraine drew attention to the presence of significant russian financial assets in Swiss banks and asked to impose sanctions measures on them.

It is critical that russia has no way to avoid sanctions, especially in the banking sector. Sanctions against russia should be strengthened

Serhii Marchenko

The parties discussed potential financial assistance to Ukraine.

The Minister of Finance of Ukraine noted that the Ukrainian authorities had started to consider rebuilding the country after winning the war. Therefore, the participants of the meeting discussed the possibility of joining the Swiss Confederation to the Trust Fund for financial assistance to our country, which was established under the auspices of the World Bank.

Serhii Marchenko also stressed the importance of closing access to the resources of the European Bank for Reconstruction and Development for russia and belarus. The Swiss side said it would officially support the decision.

The parties agreed to prolong strategic cooperation between the ministries and governments of the two countries.