Sanction All Russian Banks, Ukraine’s Envoy to the US Urges (1)

Ukraine is calling on President Joe Biden’s administration to sanction all Russian private banks to help end President Vladimir Putin’s ability to wage war, according to Kyiv’s envoy to Washington.

President Volodymyr Zelenskiy’s government wants the US to add a couple of banks per week to its list of sanctioned financial institutions, according to Ambassador Oksana Markarova, adding that she’s conveyed the request to the Treasury Department.

“Sanctions are as important as weapons,” Markarova, a former finance minister, said Thursday in an interview in Bloomberg’s Washington office.

Oksana Markarova speaks during an interview in Washington, D.C., on Aug. 11.

Photographer: Ting Shen/Bloomberg

Markarova said that outs of more than 300 ...