Ermak-Macfola International Sanctional Group will continue to work on strengthening and improving the sanctions against the Russian Federation

Andriy Yermak noted that during its existence, the group prepared 18 working documents and three comprehensive action plans. “Each of them was handed over to key partners and played an important role in forming sanctioned policy. Thanks to your efforts, an unprecedented package of sanctions was developed against one of the largest countries - world order violators in modern history, ”he stressed.

The head of the Presidential Office noted that it was the international sanction group actively promoted the energy embargo for the Russian Federation, initiated the expansion and reconciliation of lists of export control. The group also offered sanctions against Russian enterprises, banks, officials and propagandists.

In addition, the recommendations of the Yermak-Macfola Group to counter the shadow fleet of Russia, restriction of access to critical components and machines with numerical software management, sanctions against Rosatom's management, and disconnecting additional banks from SWIFT were implemented. Andriy Yermak stressed that it is critical to prevent the curtailment of sanctions before the end of the war.

Therefore, on the basis of the international sanction group, you need to work to control any risks of reducing sanction pressure on the Russian Federation. Michael McFol noted that the international sanction group will continue its work to increase pressure on Russia.

In particular, the members of the group will work on the arrested assets of the Central Bank of the Russian Federation, new energy sanctions and restraint of technological components from all over the world, especially from China, which come to Russia. Vladislav Vlasyuk noted that the measures implemented against the Russian Federation led to the loss of $ 96 billion.