'Russia will lose economically': Zelensky

World

Published: 2022-06-01 12:44

Last Updated: 2024-06-18 20:15


'Russia will lose economically': Zelensky
'Russia will lose economically': Zelensky

Ukrainian President Volodymyr Zelensky said Tuesday in his evening address that a sixth sanctions package against Russia has been agreed on, AFP reported.

“Finally, we have the specifics of the European Union's sixth sanctions package against Russia for this war. The Package has been agreed on. It will take some time to approve and enter into force. But the key elements of the package are already clear, and most importantly - its direction. European countries have agreed to significantly restrict oil imports from Russia,” he said.

Zelensky added that European countries' "abandonment" of Russian oil and other fossil fuels will accelerate the transition to renewable energy sources.