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Home»Finance»G7 says it is taking action against countries supporting ‘Russia’s war’
Finance

G7 says it is taking action against countries supporting ‘Russia’s war’

February 25, 2023No Comments2 Mins Read
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Feb 24 (Reuters) – The Group of Seven nations (G7) is taking actions towards third-country actors “materially supporting Russia’s warfare in Ukraine,” the bloc stated on Friday because it reaffirmed “its unwavering help for Ukraine for so long as it takes.”

“We name on third-countries or different worldwide actors who search to evade or undermine our measures to stop offering materials help to Russia’s warfare, or face extreme prices,” the G7 stated in a press release.

“To discourage this exercise all over the world, we’re taking actions towards third-country actors materially supporting Russia’s warfare in Ukraine.”

The USA and Britain, that are a part of the G7, slapped additional sanctions on Moscow earlier on Friday to mark the primary anniversary of the invasion of Ukraine.

The G7 additionally stated it will increase the financial measures which have already been imposed, and dedicated itself to stopping Russia from discovering new methods to accumulate superior supplies, expertise, and navy and industrial gear.

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The group stated it is going to proceed its efforts to make sure “Russia pays for Ukraine’s long-term reconstruction.”

G7 stated it was taking further measures regarding Russia’s monetary sector to “additional undermine Russia’s capability to wage its unlawful aggression,” including it will goal further Russian monetary establishments.

Reporting by Sakura Murakami in Tokyo and Sachin Ravikumar and Muvija M in London; enhancing by William Schomberg

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