The speech of the President of Ukraine was one of the main events of the first day of the World Economic Forum in Davos.

President of Ukraine Volodymyr Zelenskiy, speaking at the World Economic Forum, called for the introduction of “maximum” sanctions against Russia.

In his virtual speech on Monday, he said that in order to stop Russian aggression, sanctions should go further, including an oil embargo, blocking all banks in the country and a complete cessation of trade with Russia.

Zelenskiy said that Ukraine managed to slow down Russia’s offensive, and the courage of its people led to an unprecedented unity of the democratic world.

He called for the complete withdrawal of foreign companies from Russia in order not to support its war.

The founder of the World Economic Forum said that Russia’s war in Ukraine, as well as climate change and the state of the world economy are the key issues of the meeting of representatives of business circles and government leaders in Davos, Switzerland.

In his welcoming speech, Klaus Schwab said that “this war is indeed a turning point in history, and it will change our political and economic landscape in the coming years.”

He also noted that the world is “at the very end of the most serious health disaster in the last hundred years – COVID-19.”

The annual meeting of the World Economic Forum began in Davos on Monday.

A village in the Swiss Alps has turned into a fashionable venue for a four-day congress dedicated, allegedly, to making the world a better place. The event resumed in full-time format after a two-year break caused by the COVID-19 pandemic. Because of her, the dates of the forum, which is usually held in winter, were also shifted this year.

Thousands of company executives, government officials and other important people gathered to talk and take part in panel discussions on topics such as sustainable development, climate change and Russia’s war against Ukraine.

Forum participants also visit pavilions installed by companies such as Intel, Accenture and Meta.

Zelenskiy’s speech was one of the main events of the first day of the forum. In addition, a large delegation of the Ukrainian government has arrived in Davos, which will explain the need for increased assistance to Ukraine from the West in its fight against Russia.