Rich G7 countries are preparing to apply new sanctions against Russia – #Rich #countries #preparing #apply #sanctions #Russia
BENGALURU, Feb 24 (Reuters) – The G7 nations of Ukraine a year after its invasion, it is preparing new, more far-reaching sanctions against Russia, targeting key economic sectors and other countries or organizations that aid Moscow’s war effort.
Leaders of the bloc of developed nations on Friday to mark the first anniversary of the Russian invasion Ukraine President Vladimir Zelensky will meet virtually and announce the sanctions package.
The current president of the G7, Japan, said without giving any details that it is considering new measures and against Moscow unit called to demonstrate a position.
Prime Minister of Japan Fumio Kishida said at his press conference on the anniversary:Russia he refuses to change his hard position”.
“The international community should come together and show solidarity and apply tough sanctions against Russia.”
Before that Britain and the United States separately imposed new sanctions, including export bans and tariffs on all materials used in war, as well as Russia’s Europeapplied by “third country actors” supporting the war effort in Asia and the Middle East.
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G7 groups Canada, FranceGermany, Italy, Japan, England and USA. Same group last year Russia came together just hours after President Vladimir Putin launched aggression against Ukraine and imposed the first round of sanctions.
G7 finance ministers, G20 current president India hosted a wider 20 at the meeting of the country group, they called for the tightening of sanctions, as well as more financial aid to Ukraine.
French Finance Minister Bruno Le Maire told Reuters that G20 financial leaders should condemn Russia’s aggression against Ukraine. Italian Economy Minister Giancarlo Giorgetti has called for any G7 sanctions to be extended to the G20, otherwise “the effects will fall short of our expectations”.
India, which is neutral in the conflict, does not want the G20 to discuss additional sanctions against Russia. It also tries to avoid using the word “war” to describe the conflict in the language of the G20 communique, G20 officials told Reuters.
India cheaper since the start of the conflict Russia significantly increased the purchase of oil.
Russia calls its actions in Ukraine “special military “operation” is called.
Speaking at the G20 USAFinance Minister Janet Yellen accused Russian officials of complicity in atrocities in Russia’s intervention in Ukraine.
Written by Miral Fahmi; Edited by Catherine Evans
Our standards: Thomson Reuters Trust Principles.
2023-02-24 16:05:48
Source – reuters
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