British Foreign Secretary advises G7 to impose a limit on gas and oil imports from Russia

British Foreign Secretary advises G7 to impose a limit on gas and oil imports from Russia

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

The UK is asking its G7 partners to impose a limit on gas and oil imports from Russia due to its military operation in Ukraine. This was announced today on Sky News by British Foreign Secretary Liz Truss.

“I would be in favor of introducing a ceiling on how much gas and oil to import from Russia, so that over time we cut off our dependence throughout Europe. This is what we are working on with our partners in the G7,” RIA Novosti quotes the minister.

For his part, German Chancellor Olaf Scholz pointed out that EU sanctions against the Russian Federation are already showing their effect, but Germany reserves the right to new sanctions, there will be no taboos.

Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”

In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.

Sanctions, in particular, hit Russian banks, including Sberbank, VTB, Novikombank, FC Otkritie and Sovcombank.

Later, the EU countries and the United States agreed to disconnect Russian banks that fell under sanctions from the international system of interbank transactions and information exchange SWIFT. In addition, it was decided to freeze the assets of the Bank of Russia, which will create difficulties for its use of international reserves. EU countries also pledged to take steps to limit the sale of citizenship — the so-called “golden passports” that allow wealthy Russians connected to the Russian government to become citizens of EU states and gain access to their financial systems.

You can follow the chronicle of events around Ukraine on February 27 here.

Source: Rosbalt

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