Zelenskyy hopes new US sanctions on Russia won't fizzle out
Photo: Ukrainian President Volodymyr Zelenskyy (Office of the President)
Ukraine expects that the new US sanctions against Russia will be fully implemented. The restrictions are expected to cause the aggressor losses in the billions, says Ukrainian President Volodymyr Zelenskyy at a briefing, responding to a question from RBC-Ukraine.
Ukraine hopes that the risk of weakening the new US sanctions against Russia will be zero. These are restrictions that could cause the aggressor about $5 billion in losses.
According to the president, Kyiv counts on a clear partnership with the US, as Washington became the driving force that pushed European allies to impose “total sanctions.”
“I believe that the US president (Donald Trump - ed.) took an important step, pushing European colleagues toward such total sanctions. We will see how they will work. This is our analysis and analytics. But I don’t want to speak prematurely,” the Ukrainian leader explained.
The Ukrainian side is closely monitoring Russian attempts to bypass the restrictions, particularly through resale or transferring assets in Europe to proxy persons.
“We see what amount Russia will lose if there is, of course, no delay or postponement. Someone may look for ways to transfer or sell assets accordingly. It is very important for us that assets on the territory of the European Union do not function. There will be certain problems. Our task, our development, is to see this, identify it, and relay it to our partners,” the head of state said.
According to Zelenskyy, Ukraine aims to detect such schemes, pass information to partners, and achieve the blocking of assets that could still work in favor of the enemy.
Sanctions against Russia
On October 23, the United States announced a new package of sanctions targeting the Russian energy sector.
The list included the largest oil companies, Lukoil and Rosneft, along with their subsidiaries. According to the decision, any financial transactions with these companies and their divisions are now prohibited.
On October 27, Lukoil announced its intention to sell its international assets following the sanctions imposed by the US and partner countries.
On October 29, a tanker carrying Russian oil called Furia, which was heading to India, changed course and stopped in the Baltic Sea, indicating that the new US restrictions are beginning to affect Russian oil exports.