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“Break spine of Putin’s economy”: Ukrainian FM calls for coordinated sanctions on Russia

global.espreso.tv
Tue, 29 Jul 2025 19:10:00 +0300
“Break spine of Putin’s economy”: Ukrainian FM calls for coordinated sanctions on Russia
Ukrainian Foreign Minister Andrii Sybiha emphasized that full synchronization of U.S., EU, and G7 sanctions against Russia is critically important at this moment."Putin is rejecting a ceasefire, avoiding a leaders' meeting, and prolonging the war," Sybiha wrote. "He will only end his terror if we break the spine of his economy, which already has systemic problems, as well as deprive his war budget of financing. The United States, Europe, and the G7 have the necessary strength to accomplish this."Sybiha stressed that the maximum coordination of sanctions is urgently needed and that now is the right time to act."Right now, we can see momentum. The time has come to consolidate a single and strong sanctions fist and hit Russia's war budget with full force," the minister stressed.He added that Russian officials are using propaganda to justify their failures, claiming they are fighting against the entire West in order to explain to their own people why a country as large as Russia has failed to achieve a single strategic objective in over three years of full-scale war against a much smaller Ukraine."But if they see themselves as lone heroes confronting the entire West, let them feel the entire West's consolidated strength through maximum sanctions pressure," the Foreign Minister stated.He also noted that Ukraine continues to align its national sanctions with those of its allies. In recent weeks, Kyiv has synchronized its efforts with the latest EU sanctions packages and is actively working on further coordination. In the coming weeks, he said, there should be maximum synchronization of sanctions by all partners to increase the cost of war for the aggressor.U.S. President Donald Trump said he was disappointed in Russian leader Vladimir Putin and would to shorten the 50-day deadline he had given for reaching a peace deal with Ukraine.
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