Sanctions are motivation for Putin to come to agreements,- Poroshenko

Source : 112 Ukraine

Russia lost 10% of GDP since the sanctions had been implemented, according to Ukrainian President
22:03, 15 May 2019


The current President of Ukraine Petro Poroshenko

Ukraine's President Petro Poroshenko states that the sanctions against the Russian Federation are the effective ones, as the press service of the head of state reported.

“Sanctions are the motivation for Putin to come to agreements. Were the sanctions the effective ones? I’m sure that yes,” Poroshenko outlined.

Related: Russia's decision to sanction Ukraine was provoked by Kyiv, - Kremlin

According to the President of Ukraine, Russia lost 150 billion dollars and 10% of GDP since the sanctions had been imposed on, as well as 10 years of development at the most sensible areas of economic.

As we reported earlier, Ukraine’s Government imposed new sanctions against Russia. New goods were added to the list of banned Russian goods. Duties on all Russian goods were imposed, as First Vice-Prime-Minister Stepan Kubiv said at the session of the Cabinet of Ministers.

Related: Ukraine's Government imposes new sanctions against Russia

Under the initiative of the Ministry of Economy Development decided to expand the list of banned Russian goods.

Besides, the Government decided to impose a special duty on all Russian goods attempted to be delivered to the Ukrainian markets. Coal, gas, liquefied gas and pharmaceutical products will be exceptions. Special duty will be imposed since August 1, 2019. Received money will be directed to a special fund of the state budget and spent on import substitution measures.

Related: EU should expand anti-Russian sanctions, - Estonian MFA

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