Published 18:52 IST, May 15th 2022

Zelenskyy's advisor demands immediate Russian oil embargo, says Kyiv can't wait 6 months

Ukraine's President Adviser, Oleg Ustenko stated that the European Union's embargo on Russian oil imports must go into effect immediately.

Reported by: Rohit Ranjan
Follow: Google News Icon
  • share
Image: @OlegUstenko/Twitter/ AP | Image: self
Advertisement

Ukraine continues to urge European Union to ban Russian oil imports despite fact that EU proposed a Russian oil embargo in its latest sanctions package. Ukraine's President's Economic viser, Oleg Ustenko stated that European Union's embargo on Russian oil imports must go into effect immediately because Ukraine "cannot afford to wait anor six months" while Russia continues to murder its civilians.

In an interview with international media outlet Project Syndicate, Ustenko stated that while Ukraine supports European Commission's plan to halt Russian crude oil imports, delaying implementation for six months is unacceptable. After all, Russian Federation relies on energy income to fund its war force. He furr said that Russia's energy exports bring in $1 billion every day, which pays for  missiles, guns and bombs. He went on to say that in light of situation, Ukraine believes Europe must act quickly.

Advertisement

'Russia would have some motivation to continue providing natural gas to Europe'

Ukrainian President Volodymyr Zelenskyy's visor continued by stating that it would be a win-win situation for entire world in long run if EU imposes sanctions on Russian oil imports since world would be more predictable, stable and secure. He stated that even in face of fresh sanctions, Russia would have some motivation to continue providing natural gas to Europe.

Oleg Ustenko pointed out that Ukrainian side would welcome application of fresh sanctions on Russian leers in dition to tightening limitations on oil and natural gas imports. President's visor stated that some sanctions have been imposed on high-ranking Russian officials, but not on ir families. He said that United Russia, political party of Russian President Vlimir Putin, should be cut off from Europe. Ustenko continued by stating that any deal with Russian Federation should be halted and that all Russian banks must be barred from participating in international payment system.

Advertisement

Some EU countries are unwilling to support sanctions on Russian fossil resources

Some EU countries like Hungary and Slovakia are unwilling to support sanctions against Russian fossil resources as y are dependent on Russian imports. However,  European Union still intends to agree on a phased embargo on Russian oil this month, dismissing suggestions of a delay.

Image: @OlegUstenko/Twitter/ AP

Advertisement

18:52 IST, May 15th 2022