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Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

ABC News
Monday, May 23, 2022 11:50:50 AM UTC

Ukrainian President Volodymyr Zelenskyy is calling for “maximum” sanctions against Russia during a virtual speech at the World Economic Forum gathering in Davos, Switzerland

DAVOS, Switzerland -- Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Economic gathering in Davos.

He said sanctions need to go further to stop Russia’s aggression, including an oil embargo, blocking all of its banks and cutting off trade with Russia completely. He said that it's a precedent that would work for decades to come.

“This is what sanctions should be: They should be maximum, so that Russia and every other potential aggressor that wants to wage a brutal war against its neighbor would clearly know the immediate consequences of their actions," Zelenskyy said through a translator.

He also pushed for the complete withdrawal of foreign companies from Russia to prevent supporting its war and said Ukraine needs at least $5 billion in funding per month.

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