“The first Sanctions Summit began in Kyiv on Thursday, November 27, with the participation of representatives of 21 states, including Ukraine, the United States, Great Britain, and EU member states. As “Interfax-Ukraine” reported, the participants will discuss the impact and possibility of strengthening restrictions against the Russian Federation, as well as ways to reduce the loopholes for circumventing them. Authorized adviser to the President of Ukraine on sanctions issues”, — write on: ua.news
The first Sanctions Summit began in Kyiv on Thursday, November 27, with the participation of representatives of 21 states, including Ukraine, the United States, Great Britain, and EU member states.
As “Interfax-Ukraine” reported, the participants will discuss the impact and possibility of strengthening restrictions against the Russian Federation, as well as ways to reduce the loopholes for circumventing them.
Vladyslav Vlasyuk, authorized adviser to the President of Ukraine on sanctions policy, said that such key sectors as the shadow fleet, energy, and finance will be discussed during the two days of the summit.
The head of the government, Yulia Svyridenko, emphasized the need for sanctions against the Russian financial sphere.
“Now we are watching how Russia actively uses cryptocurrencies and other financial schemes. The flow of funds reaches billions of dollars every month, so we need to find a solution to stop it, and I think that should and can be part of today’s discussion,” she said.
David O’Sullivan, the special envoy for the implementation of EU sanctions, agreed with the need for such sanctions, especially in the field of cryptocurrencies.
Vlasyuk noted that the summit is being held at a good time, as the European Union is preparing the 20th sanctions package against Russia. EU Ambassador to Ukraine Katarina Maternova emphasized that sanctions are “one of the strongest tools we have” because Moscow “does not understand diplomacy, only force.”
The summit program also includes a visit by its participants to the Kyiv Institute of Forensic Expertise, where they will get acquainted with the means of defeat in which the Russian Federation uses foreign components thanks to the circumvention of sanctions. In addition, on Friday, November 28, a number of Ukrainian public organizations and analytical centers will join the work at the event.
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The first Sanctions Summit began in Kyiv: participants will discuss strengthening restrictions against Russia and the fight against circumvention
The first one started working in Kyiv on Thursday, November 27 Sanctions Summitin which representatives participate 21 statesincluding Ukraine, the United States, Great Britain and the member states of the European Union. As reported by “Interfax-Ukraine”, the participants will discuss the impact and the possibility of strengthening restrictions against Russian Federationas well as ways to reduce loopholes to circumvent them.
Key topics and the financial sector
Authorized adviser to the President of Ukraine on sanctions policy Vladyslav Vlasyuk said that during the two days of the summit, such key sectors as shadow fleet, energy, finance.
The head of the government Julia Svyridenko emphasized on the need for sanctions against the Russian financial sphere.
“Now we are watching how Russia actively uses cryptocurrencies and other financial schemes. The flow of funds reaches billions of dollars every month, so we need to find a solution to stop it, and I think that should and can be part of today’s discussion,” she said.
The special envoy for the implementation of EU sanctions agreed with the need for such sanctions, especially in the field of cryptocurrencies David O’Sullivan.
Circumvention of sanctions and further work
Vlasiuk noted that the summit is being held at a good time, as the European Union is preparing 20th sanctions package against Russia. Ambassador of the EU to Ukraine Katarina Maternova emphasized that there are sanctions “one of the most powerful tools we have”since Moscow “does not understand diplomacy, only force.”
The summit program also includes a visit by its participants to the Kyiv Institute of Forensic Expertise, where they will familiarize themselves with the means of defeat in which Russian Federation uses foreign components thanks to the circumvention of sanctions. In addition, on Friday, November 28, a number of Ukrainian public organizations and analytical centers will join the work at the event.
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