Advisor – Commissioner of the President of Ukraine for Sanctions Policy Vladyslav Vlasiuk held a briefing for the heads and representatives of the diplomatic missions of the European Union, the United Kingdom, Canada, and Japan accredited in Ukraine.
The event was dedicated to analyzing the effectiveness of sanctions against Russia and identifying priority areas for further strengthening sanctions pressure. Deputy Heads of the Office of the President Ihor Zhovkva and Ihor Brusylo also took part in the briefing.
Vladyslav Vlasiuk informed partners about the impact of sanctions on the Russian economy, which, according to him, is currently in a phase of stagnation. Despite attempts to stimulate economic activity through record domestic borrowing, this tool has only a limited effect.
By the end of the year, all industrial sectors in Russia showed a decline. In particular, in November–December 2025, a drop of 2–5% was recorded compared to the previous year, while oil and gas revenues fell by 24% compared to 2024.
Special attention was paid to the need for further strengthening of sanctions, including countering schemes for supplying foreign components to Russia and imposing restrictions on Russian defense manufacturers. Vladyslav Vlasiuk noted that over the past year, Russia imported more than 2 million electronic components and purchased about 700 units of high-tech equipment used in military production.
According to him, another important area remains tightening sanctions in the financial and banking sectors, including with regard to cryptocurrency operations. He separately emphasized the need for more decisive action against tankers belonging to the so-called shadow fleet, including measures to stop and seize such vessels.
These sanctions are already having a significant effect. Service costs are rising: freight rates for shipping oil to India are up 49%, to China up 36%, and insurance for vessels in the Black Sea has increased by 200%.
“Most of the countries you represent are currently preparing new sanctions packages. Ukraine is ready to share information and analytical materials to help intensify pressure on Russia. This opens additional opportunities for impact and may become an important factor in advancing negotiations toward a dignified peace,” Vladyslav Vlasiuk stated.