Vlasiuk: Key task after expanding sanctions is to deny Russia time to adapt
Ukraine's European and other international partners have expanded sanctions against Russia in recent weeks, targeting banks, defense industry companies, the energy sector and the shadow fleet, and the key task now is to deny the enemy time to adapt.
Ukraine's sanctions policy commissioner Vladyslav Vlasiuk emphasized the importance of swiftly implementing new sanctions to prevent Russia from adapting, following the recent expansion of restrictions by Western allies. Over the past few weeks, key countries such as the United Kingdom, EU, Canada, New Zealand, and Switzerland have taken steps to curb Russia's financial and energy sectors.
This includes sanctioning firms like Ozon Bank and Frion Ship Management LLP, as well as defense and logistics companies. The European Union has targeted executives responsible for missile systems, while Switzerland added top Rostec and United Shipbuilding Corporation officials to its sanctions. Canada blocked Streit Group, a key armored vehicle manufacturer for Russia's National Guard, while New Zealand imposed restrictions on entities involved in the deportation of Ukrainian children, along with those in Iran and North Korea supporting Russia.
Vlasiuk thanked his partners for their cooperation and stressed their priority to deny Russia time to adjust. Switzerland's SECO recently imposed sanctions on around 700 vessels carrying Russian oil.
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