Paris, 11th March: UFI’s executive committee met yesterday and agreed to take action in response to the Russian invasion of the Ukraine. This follows an emergency session of the UN General Assembly in which a resolution outlining a path to restore peace was voted on and passed by an overwhelming majority.

Based on that resolution and the support it received, UFI has decided the following:

·      UFI condemns the military actions ordered by the Russian leadership, and calls on the Russian leadership to implement the UN resolution.

·      UFI will temporarily suspend access to UFI events and activities for representatives from  Russian member businesses.

·      UFI has no ongoing sponsorship arrangements with Russian businesses, and will not enter into any new agreements while these provisions are in place. 

·      UFI has no events or on site activities planned in Russia, and will not award any UFI events or on site activities to Russia while these provisions are in place.

·      UFI will continue to highlight and support the humanitarian actions undertaken by members to support the people who suffer from this conflict.