Zelenskyy calls for preventative sanctions in virtual address at World Economic Forum
Ukrainian President Volodymyr Zelenskyy spoke Monday at the World Economic Forum in Davos, Switzerland, calling on the West to recognize as a mistake the refusal to impose preventive sanctions on Russia and take decisive steps in that direction.
"We must not react, but act preventively," Zelenskyy told the forum in a virtual address. "And not only adapt what we have to the new realities, but create new tools. ... Do not wait for fatal shots. Do not wait for Russia to use chemical, biological or, heaven forbid, nuclear weapons. Do not give the aggressor the impression that the world allegedly will not offer sufficient resistance. Protect immediately to the maximum freedom and a normal, useful world order."
Zelenskyy said there are still no such sanctions against the Russian Federation, and listed them:
- Complete embargo on Russian oil.
- Complete blocking of all Russian banks.
- Complete rejection of the Russian IT sector.
- And complete cessation of trade with the aggressor.
Zelenskyy also called for freezing and confiscating Russian assets around the world and sending them to a special fund to pay compensation and restore Ukraine.
"There should be a precedent for punishing the aggressor. ... Russian assets scattered across different jurisdictions should be found, arrested or frozen, and then confiscated and sent to a special fund, from which all victims should receive compensation," Zelenskyy said.
He warned it will not be easy, but added that various aggressors will definitely not be motivated to do what Russia has done and continues to do in Ukraine.
Zelenskyy said he believes the world is at a turning point and that the future of not only Ukraine, but the whole world, depends on the resistance to brutal force.
“This year, the words 'turning point' are not just a rhetorical figure of the speech," Zelenskyy said. "Now is really such a moment when it is decided whether brutal force will dominate the world. If it dominates, then our thoughts are not interesting to it, and we can no longer gather in Davos. For what? Brutal force is looking for nothing but subjugation of those whom it wants to subdue, and it does not debate, but kills immediately, as Russia is doing in Ukraine right now -- at this time when we are talking to you."
-ABC News' Guy Davies