Zelensky: World has not yet imposed sanctions that would make Russia pay for its actions

The world has not yet imposed sanctions against the Russian Federation that would make it pay for its aggressive actions.

"So that Russia and every other potential aggressor who wants to wage a brutal war against their neighbor know exactly what this leads to. I think that such sanctions have not been imposed against Russia yet. And they must be imposed. The embargo on Russian oil, the complete blockade of all banks without exception, the complete abandonment of the Russian IT sector, the complete cessation of trade with the aggressor. It must be a precedent of sanction pressure which will work convincingly to preserve peace for decades ahead," President of Ukraine Volodymyr Zelensky said, while delivering a speech at the World Economic Forum in Davos, an Ukrinform correspondent reports.

According to him, it is necessary to set a precedent for the complete withdrawal of all businesses from the Russian market, so that brands of the world countries are not associated with war crimes, so that their offices, accounts, goods are not used by criminals in their bloody interests. "Values must matter. Especially when a full-scale war breaks out and global markets are destabilized because someone neglects values. Everyone bears the losses," Zelensky said.

Ukraine offers every company that will leave Russia to continue operating in our country, he added. "You will gain access not only to our market of 40 million consumers, but also access to the common market of Europe, and at the same time your brands and positions will only reinforce as you really support the protection of freedom," the President said.

The World Economic Forum is held in Davos from May 22 to 26.

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