Head of the Presidential Office Andriy Yermak emphasizes that Ukraine, together with its partners, will continue to work on improving sanctions against the Russian Federation. He said this during an online speech at the meeting of the Sanctions Coordinators Forum, which is taking place in Brussels.
Andriy Yermak emphasized the need to continue to deprive Russia of the opportunity to continue its aggressive war against Ukraine. He expressed belief that the joint policy of economic pressure on Russia is working.
"Sanctions are an effective tool in confronting the aggressor country. They deprive Russia of money to continue the war and weaken its military power," said the Head of the Presidential Office.
He thanked all partners for their work on the sanctions track over the past year. According to Andriy Yermak, joint efforts made it possible to reduce Russia's oil and gas revenues and significantly weaken its military and industrial potential. The Head of the Presidential Office also noted the initiatives related to sanctions against Russian propagandists.
At the same time, Andriy Yermak noted that the effectiveness of sanctions depends on synchronization, systematic nature, determination and creativity in their introduction and implementation. In addition, the potential of certain sanctions mechanisms is not exhausted, and these mechanisms require additional implementation efforts.
The Head of the President's Office is convinced that further sanctions should affect Rosatom, as this company is directly involved in acts of aggression and blackmail. It is also necessary to deprive the Russian Federation of revenues from the diamond trade.
"Russia is actively working to avoid isolation. The terrorist state is reorienting its producers to new markets. It changes logistics routes. It engages third countries as intermediaries to ensure trade operations," he said.
The Head of the Presidential Office said that the Yermak-McFaul International Expert Group is working on new formats for monitoring compliance with sanctions and a new plan to strengthen sanctions restrictions on Russia.
Andriy Yermak also announced that a sanctions forum would be held in Kyiv.
"In the framework of this event, we will continue to work on improving restrictive mechanisms against the terrorist state that has challenged the entire international community. I invite you to join its work," the Head of the Presidential Office said.