German Defence Minister Boris Pistorius on Wednesday urged further action to cut off Russia's financial lifelines, following the European Union's adoption of its latest sanctions package against Moscow.
The goal must be to curb "the still considerable flow of money into Russia's state coffers, which helps finance the war in the first place," Pistorius told Deutschlandfunk radio.
Only by doing so, he argued, can the West effectively worsen Russia's ability to sustain its war in Ukraine, pointing to revenues from Russian oil and gas exports.
He also stressed the need to boost Ukraine's rearmament efforts, saying the country has available production capacity in its arms industry but lacks sufficient funding to fully utilize it.
"We will step in together and fill these capacity gaps," Pistorius said.
The goal must be to curb "the still considerable flow of money into Russia's state coffers, which helps finance the war in the first place," Pistorius told Deutschlandfunk radio.
Only by doing so, he argued, can the West effectively worsen Russia's ability to sustain its war in Ukraine, pointing to revenues from Russian oil and gas exports.
He also stressed the need to boost Ukraine's rearmament efforts, saying the country has available production capacity in its arms industry but lacks sufficient funding to fully utilize it.
"We will step in together and fill these capacity gaps," Pistorius said.
2 months ago
