Ukrainian Foreign Minister Dmytro Kuleba addresses the World Economic Forum in Davos on Wednesday. Bloomberg
Ukrainian Foreign Minister Dmytro Kuleba addresses the World Economic Forum in Davos on Wednesday. Bloomberg
Ukrainian Foreign Minister Dmytro Kuleba addresses the World Economic Forum in Davos on Wednesday. Bloomberg
Ukrainian Foreign Minister Dmytro Kuleba addresses the World Economic Forum in Davos on Wednesday. Bloomberg

Davos 2022: Ukrainian minister rejects proposal to cede land to Russia in peace deal


Tim Stickings
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Ukrainian Foreign Minister Dmytro Kuleba on Wednesday rejected suggestions that his country should cede territory to Russia to help bring an end to their three-month conflict.

Responding to suggestions from experts such as former US secretary of state Henry Kissinger, Mr Kuleba said trying to appease Moscow was a failed policy that had done nothing to stop Russia invading Ukraine.

“If it failed once, it will fail twice,” he told the World Economic Forum in Davos, Switzerland.

“Even thinking rationally about this approach, I believe it’s flawed and it’s not going to work.”

He said tentative peace talks between the two sides had gone “nowhere” and that heavy fighting in the eastern Donbas region showed Moscow was “basically saying no to negotiations”.

Mr Kissinger said Ukraine should accept ceding some territory to Russia. But Mr Kuleba said: "He has his own opinion, but we strongly disagree with it. This is not something that we're going to do."

Ukraine has previously proposed giving the two countries 15 years to decide the future of the Crimean Peninsula, which was annexed by Russia in 2014.

Kyiv has said it is willing to accept neutrality outside Nato if it receives other security guarantees.

Mr Kuleba urged western powers to "kill Russian exports" because Ukraine’s economy was sustaining more damage from the war than Russia was from the barrage of international sanctions.

He said a tougher sanctions policy should include measures against the shipping industry to stop tankers from carrying Russian oil – one of the country’s most lucrative exports – around the world.

“The vast majority of Russian oil sold to the global market is carried by maritime means," Mr Kuleba said.

"If you tell the shipping industry that everyone carrying Russian oil anywhere in the world will face problems, this will be a big issue."

Russia annexed the Crimean Peninsula in 2014. EPA
Russia annexed the Crimean Peninsula in 2014. EPA

The US has banned Russian oil imports but the EU has so far failed to persuade all 27 of its members to approve an embargo. The bloc has not yet proposed a ban on Russian gas.

“As long as Russia makes money from oil and gas, their pockets are pretty full,” Mr Kuleba said.

“My message is very simple: kill Russian exports. Stop buying from Russia. Stop allowing them to make money that they can invest in the war machine that destroys, kills, rapes and tortures people in Ukraine."

He also rejected as “clear blackmail” a Russian proposal to unblock food exports from Ukrainian ports in return for sanctions being lifted.

Russian news agency Interfax quoted deputy foreign minister Andrei Rudenko as saying “a solution to the food problem requires a comprehensive approach, including the lifting of sanctions”.

The EU blames Russia’s bombardment of Ukrainian grain stores and the blockade of ships carrying grain and sunflower seeds for an escalating global food crisis.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Feeding the thousands for iftar

Six industrial scale vats of 500litres each are used to cook the kanji or broth 

Each vat contains kanji or porridge to feed 1,000 people

The rice porridge is poured into a 500ml plastic box

350 plastic tubs are placed in one container trolley

Each aluminium container trolley weighing 300kg is unloaded by a small crane fitted on a truck

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Final: Iran beat Spain 6-3.

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Play-off 5th: Japan beat Egypt 7-2.

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Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

'Spies in Disguise'

Director: Nick Bruno and Troy Quane

Stars: Will Smith, Tom Holland, Karen Gillan and Roshida Jones 

Rating: 4 out of 5 stars

Dubai World Cup prize money

Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
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Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
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The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

South and West: From a Notebook
Joan Didion
Fourth Estate 

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2002 Giselle Khoury (Colombia)

2004 Nathalie Nasralla (France)

2005 Catherine Abboud (Oceania)

2007 Grace Bijjani  (Mexico)

2008 Carina El-Keddissi (Brazil)

2009 Sara Mansour (Brazil)

2010 Daniella Rahme (Australia)

2011 Maria Farah (Canada)

2012 Cynthia Moukarzel (Kuwait)

2013 Layla Yarak (Australia)              

2014 Lia Saad  (UAE)

2015 Cynthia Farah (Australia)

2016 Yosmely Massaad (Venezuela)

2017 Dima Safi (Ivory Coast)

2018 Rachel Younan (Australia)

Manchester United's summer dealings

In

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Romelu Lukaku (Everton)  £75 million

Nemanja Matic (Chelsea)  £40 million

 

Out

Zlatan Ibrahimovic Released

Wayne Rooney (Everton) Free transfer

Adnan Januzaj (Real Sociedad) £9.8 million

 

 

Updated: May 25, 2022, 3:48 PM