Zelenskyy announces enhancing sanctions against Russia: new package soon to follow
President Volodymyr Zelenskyy has said that Ukraine, together with its partners, will soon approve a large sanctions package against Russia.
Source: Zelenskyy’s nightly speech
Quote: "We are closely monitoring how the terrorist state is trying to circumvent sanctions, recording each such direction, and working together with our partners to block it."
Details: The President has stated that he had held a meeting on strengthening sanctions regimes – both Ukraine's and those of our partners.
"We are preparing a large sanctions package. The decision will be made soon," Zelenskyy highlighted.
Background: On 25 April, the Yermak-McFaul International Expert Group presented a new action plan (Action Plan 2.0) with the aim of further increasing the sanctions pressure on Russia, which involved lowering the oil price ceiling to US$45 per barrel and declaring Russia a state sponsor of terrorism.
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