Russia will see more ‘economic costs’ for war in Ukraine: G7 ministers – National | 24CA News
The overseas ministers of the Group of Seven (G7) stated on Tuesday their nations would proceed to impose financial prices on Russia and urged the broader worldwide neighborhood to reject what they described as Moscow’s “brutal expansionism.”
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“We will impose further economic costs on Russia, and on individuals and entities – inside and outside of Russia – that provide political or economic support to these violations of international law,” the leaders stated in a joint assertion.
Joe Biden additionally stated Tuesday that the United States and its companions will announce extra sanctions towards Russia this week over Moscow’s invasion of Ukraine that began practically a yr in the past, the U.S. president stated in a speech in Poland following a shock go to to Ukraine.
Meanwhile, European Union diplomats stated the bloc hopes to succeed in a deal on Wednesday on its tenth sanctions package deal towards Russia for its invasion of Ukraine.
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“We were discussing today the 10th sanctions package against Russia,” Polish ambassador to the EU Andrzej Sados stated after talks by ambassadors of the EU’s 27 governments in Brussels.
“We will restart the discussion tomorrow afternoon in the hope that we can find a common denominator,” he stated.
— Reporting by Ismail Shakil, Jan Strupczewski and Andrew Gray.
© 2023 Thomson Reuters
