The global community must impose “maximum” sanctions against Russia, including a full oil embargo, Ukrainian President Volodymyr Zelensky urged in a video address to the World Economic Forum in Davos, which is now underway, APA reports citing CNN.
“The international community must be ready to use sanctions preventively, not to just respond” to threats in the future, he told world and business leaders in attendance. If these sanctions had been in place in the first place, Russia would not have been able to invade Ukraine, he claimed, calling for full bans on Russian banks and a complete halt in trade.
“The aggressor would know the immediate consequences of its actions,” he said.
“We must set a precedent for sanctions,” he said, questioning whether a “large collection of responses” from institutions such as the United Nations and World Trade Organization is enough to respond to the threats of today.