Ukraine asks US to impose sanctions on all Russian banks| MENAFN.COM

Friday, 07 October 2022 03:46 GMT

Ukraine asks US to impose sanctions on all Russian banks


(MENAFN) According to Bloomberg on Friday, which cited Kiev's representative in Washington Oksana Markarova, Ukraine is requesting that President Joe Biden's administration impose sanctions on all private Russian banks.

She informed the media outlet that the administration of President Vladimir Zelensky desires the US to add a few banks each week to its list of designated financial institutions. The ambassador stated that she has informed the US Treasury Department of the request.

“Sanctions are as important as weapons,” Markarova, an ex-finance minister, stated in the interview, informing that any Russian bank is a legitimate sanctions target.

“As soon as one bank is sanctioned, some other private bank suddenly becomes a financier of the industry or military,” she requested, noting that she’s also pushing for the State Department to designate Russia as a state sponsor of terrorism.

The Ukrainian representative continued, "Everything else should be sanctioned, because all of them are engaged in financing their terror machine that is conducting war,” adding that only a few banks could be spared for specific purposes.

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