Zelensky called on the G7 to create a global mechanism for the confiscation of assets of the Russian Federation

Zelensky called on the G7 to create a global mechanism for the confiscation of assets of the Russian Federation

 /from open sources

President of Ukraine Volodymyr Zelensky in his address to the leaders of the G7 countries" (G7) proposed the creation of a global mechanism for the confiscation of Russian assets, according to a message published on the website of the Office of the President of Ukraine.

The Ukrainian leader expressed the hope that the US State Department will support the decision on recognition of the Russian Federation as a state- sponsor of terrorism.

In addition, Zelensky announced his desire to radically limit Russia's oil revenues. He also called for increased sanctions pressure on Russia, in particular, “by forcibly limiting the price of exported Russian oil.”

According to Zelensky, now is not the time for negotiations with Russia.

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He spoke via video link at G7 summit, which takes place from 26 to 28 June in Bavarian castle Elmau in south of Germany.

Prepared by: Sergey Daga