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Home » Zelensky Urges ‘maximum’ Sanctions On Russia In Davos Talk

Zelensky Urges ‘maximum’ Sanctions On Russia In Davos Talk

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DAVOS, Switzerland — Ukrainian President Volodymyr Zelensky called for “most” sanctions on Russia during a digital address Monday to business executives, government officials and other elites on the first day of the meeting of the discussion committee on global finance in Davos.

He said sanctions must go further to end Russia’s aggression, including an oil embargo, blocking all its banks and completely cutting off trade with Russia. He mentioned that this is a precedent that will work for many years to come back.

“That’s what the sanctions should be: they should be maximum, so that Russia and every other potential aggressor who wishes to wage a brutal battle against its neighbor clearly knows the prompt sanctions for their actions,” Zelensky said through a translator. .

He also pushed for the complete withdrawal of foreign companies from Russia to stop supporting his fight and said Ukraine wanted at least $5 billion in funding per month.

“The amount of work is enormous: we now have more than half a trillion {dollars} in losses, tens of thousands of equipment has been destroyed. We need to rebuild all cities and industries,” Zelensky said, days after the major Group of Seven economies agreed to provide $19.8 billion in financial aid.

Mayor of Kyiv Vitali Klitschko, left, and his brother Wladimir listen to Ukrainian President Volodymyr Zelenskyy appear on a display screen as he addresses viewers in Kyiv on a display screen during the global financial discussion forum in Davos, Switzerland, Monday, May 23, 2022.
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He said that if Ukraine had “directly acquired 100% of our needs, again in February” in terms of arms, funding, political aid and sanctions against Russia, “the consequence could be tens of thousands of lives saved”.

Zelensky’s speech is front and center Monday in Davos, the village in the Swiss Alps that has been transformed into a glitzy venue for the four-day conference ostensibly devoted to creating a bigger world. The event resumes individually after a two-year hiatus due to the COVID-19 pandemic, which also delayed this year’s meeting from its standard winter slot.

For participants, there is a lot to sort out amid soaring food and gas prices, Russia’s battle in Ukraine, climate change, inequality and chronic health crises. But it is surely difficult to predict whether the high-level discussions will produce substantial bulletins that will advance the world’s most pressing challenges.

Ukraine’s President Volodymyr Zelenskyy appears on a screen as he addresses viewers in kyiv on a screen during the Global Economy Discussion Forum in Davos, Switzerland, Monday, May 23, 2022.
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“This battle will be a turning point in history, and it will reshape our politics and our financial landscape for years to come,” said event founder Klaus Schwab.

Zelensky, who received a standing ovation after the remarks, reiterated that Russia was blocking essential food shipments, such as wheat and sunflower oil, from leaving its ports.

Ukraine, along with Russia, is one of the main exporters of wheat, barley and sunflower oil, and the interruption of these supplies threatens food insecurity in countries in Africa, the Middle Orient and Asia that depend on these low-cost supplies.

The pinnacle of the UN’s Global Meals Program said in a panel that “the failure to open ports is a declaration of battle over global meals programs.” He told The Related Press that farmers in the region are “growing enough meals to feed 400 million people”.

If such deals remain off the market, the world could face a food availability problem in the next 10-12 months, and “it will be hell on earth”, says WFP Director-General David Beasley , to the AP in an interview.

He warned that there are “49 million (people) currently knocking on the door of famine in 43 countries”, including Yemen, Lebanon, Mali, Burkina Faso, Egypt, Congo, Guatemala and El Salvador.

Beasley called on the world’s leading mega-billionaires to help efforts to stop starvation: “The world is in real trouble. This is not rhetoric and BS Step up now, because the world wants you.

Mayor of Kyiv Vitali Klitschko, left, and his brother Wladimir speak with discussion forum founder Klaus Schwab at the Global Finance Discussion Forum in Davos, Switzerland, on Monday.
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In addition to Zelensky’s speech, a large Ukrainian government delegation is present in person, pleading for further Western aid in the country’s fight against Russia.

Kyiv Mayor Vitali Klitschko pointed to viewers during a panel with his brother, Wladimir, and said: ‘We are defending you personally.

“We are fighting, first, for values” and to be part of the democratic world, declared Vitali Klitschko. “And right now everyone has to be proactive because we’re paying for it – the biggest price, human lives every day.”

Russian officers have not been invited to Davos this year, which has been dubbed ‘Russia Home’ having been rehashed by critics – including Ukrainian tycoon Victor Pinchuk and the country’s foreign ministry – in what they call the “Russia Warfare Crimes Home”. “The place features photographs of crimes and cruelties that Russian forces are accused of perpetuating.

A person watches on his mobile phone as Ukrainian President Volodymyr Zelenskyy addresses viewers in Kyiv on a screen during the Global Economy Discussion Forum in Davos, Switzerland, Monday, May 23, 2022.
PA

In the meantime, the Worldwide Vitality Company executive urged countries and buyers not to see the electric shocks of the battle as a reason to expand fossil fuel investments – linking the invasion to another main topic in Davos, local weather and environmental factors.

“We shouldn’t always try to justify a new wave of long-term investment in fossil fuel based on what (Russian President Vladimir) Putin has done,” Fatih Birol said on an electrical panel.

Instead, efficiencies such as reducing methane leaks and even lowering thermostats a few levels this winter in Europe would help ensure sufficient power supply.

Russia is a serious supplier of oil and pure fuel, with the invasion pushing European nations to scramble to reduce their reliance on supplies from Moscow.

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