The decision of the National Security and Defense Council of Ukraine to synchronize sanctions regimes with international partners will help accelerate the implementation of sanctions and intensify pressure on the Russian economy. This was stated by President of Ukraine Volodymyr Zelensky during the Fair Play Conference focused on introducing additional sanctions against Russia.
"Today, we are launching an expedited synchronization process. Every necessary decision by our partners regarding sanctions against Russia and related individuals must be swiftly implemented in Ukraine," Volodymyr Zelensky stressed.
The Head of State emphasized that Ukrainian sanctions must also be confirmed in other jurisdictions.
"This war must become an ever-growing problem for Russia. Every Russian strike on our cities and communities must trigger new sanctions in response. I’ve had productive meetings in Europe and at the G7 Summit in Canada with our partners – and sanctions were among the key topics of discussion. Our partners are ready to support us," the President said.
He noted the need to intensify cooperation with key global manufacturers of equipment and components to strengthen control over where their products ultimately end up.
"We expect all our state institutions – starting with the Ministry of Foreign Affairs, the Security Service of Ukraine, the National Bank, and the National Security and Defense Council – to work more swiftly and deliver results in sync with those of our partners. The task is absolutely clear. The deadlines are absolutely clear. And the outcomes can be clearly measured," Volodymyr Zelensky stated.
The Head of State stressed that today Ukraine has imposed sanctions against 87 manufacturers and suppliers of components and equipment for the Russian military industry – most of them Russian.
According to the President, certain states – including Western countries – continue to supply Russia with equipment and critical components. He underscored that this must be stopped. The Head of State noted that experts have identified hundreds of types of components used in Russian drones and missiles.
Volodymyr Zelensky emphasized the need to increase pressure on every actor in the world who helps Russia maintain its exports, transport oil, or find ways to circumvent financial restrictions. He also underlined the importance of restricting the provision of artificial intelligence services.
The President also thanked partners and civil society representatives for their cooperation, which has resulted in sanctions against Russia’s shadow tanker fleet.
"This effort must be scaled up even further. We must extend sanctions to tanker captains, all related legal entities, and terminals from which Russian oil is shipped. This is an enormous everyday task – from export controls and supply chain restrictions to blocking financial instruments and imposing personal sanctions," the Head of State stressed.
Volodymyr Zelensky also called for the establishment of a new international platform for controlling the export of dual-use goods.
As part of the conference, the President toured an exhibit of Russian weapons and foreign-made critical components used by the aggressor state in the production of arms. The exhibit included drones, loitering munitions, and missiles containing dozens of Western components – microchips, transistors, connectors, batteries, programmable logic devices, and more.
