G7 leaders on Friday announced new sanctions to make Russia pay for the war in Ukraine and reaffirmed their commitment to help Kiev “for as long as it takes”.
The Group of Seven revealed that position in a joint statement at the end of a closed-door meeting on Ukraine held on the first day of the Hiroshima leadership summit.
“We are imposing more sanctions and measures to increase costs for Russia and for those who support its war effort,” the leaders said in their statement, which also renewed their commitment to support Ukraine financially, humanitarianly, militarily and diplomatically. . levels. .
The G7 has described some of its “coordinated sanctions” and other economic measures to close Moscow’s funding channels and the use of products and materials that can be used in the military industry, including restrictions on “new key sectors” such as construction, transportation and business.
The new measures will also seek to prevent Russia from circumventing existing sanctions, including cooperation with third countries “allowing G7-restricted goods, services and technologies to be delivered” to Moscow.
In general, the Group of Seven explained that its new actions aim to close off Moscow’s access to the international financial system and “limit its energy revenues and future extraction capacities,” the statement said.
They also stressed their willingness to further reduce their dependence on Russian energy and other raw materials, as well as to reduce the revenues Russia derives from the diamond trade, for which “it will cooperate with other key countries in this sector for the purpose of application” future restrictive measures”.
Joint statement
Despite the fact that the G7 wants to show unity, three of the countries of the group (the United States, Canada and the United Kingdom) have led this new wave of sanctions, while another three (Italy, Germany, France) will soon have a new wave of sanctions will announce. agreed package within the European Union.
In line with this joint statement, Japan also plans to expand its list of sanctioned companies and individuals to include actors from the construction and industrial manufacturing sectors.
Specifically, according to a senior US official who told the press, the United States will place 70 entities from Russia and other countries on a “blacklist” from the Commerce Department, preventing them from receiving US exports.
In addition, the US government will impose 300 new sanctions on individuals, entities, ships and aircraft that help Russia circumvent sanctions imposed by the West on the war in Ukraine or who contribute to the financing of the conflict, for example through the purchase of energy resources . .
For its part, the United Kingdom has announced that it will ban diamond exports from Russia and veto imports of Russian-sourced copper, aluminum and nickel.
As reported by Downing Street – the office and official residence of Prime Minister Rishi Sunak – in a statement, the new economic restrictions will affect 86 individuals and companies linked to the Russian industrial complex and other key sectors for the Russian economy, such as energy, metals and transport by ship.
Similarly, Canada plans to impose sanctions against 17 individuals and 18 Russian companies that supply the Kremlin with technology for military use, a Canadian official told the CBC, announcing that sanctions will also be imposed against 30 individuals for human rights violations.
completely peace idea
In the six-page joint communiqué, the idea of achieving a “comprehensive, just and lasting peace” takes pride of place: it appeared as the second of eleven parts of the commission.
In particular, the G7 believed that a “just peace” cannot be achieved without the “complete and unconditional withdrawal” of Russian troops, although, as on other occasions, the group avoided committing specifically to the restoration by Ukraine from Russian-occupied territories, such as the Crimean peninsula. which Moscow annexed in 2014.
However, the G7 leaders reaffirmed their commitment to Ukrainian President Volodimir Zelensky’s approach to achieving peace.
Zelensky will travel to Japan to personally participate in the G7 summit, which opens today in Hiroshima and ends on Sunday.
Source: Eluniverso
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