2023-05-13 12:21:44
Finance ministers and heads of central banks of the G7 countries agreed to continue the sanctions pressure on Russia. Among other things, they intend to prevent attempts to circumvent restrictions.
“We remain ready to resist any attempt to circumvent and undermine our sanctions measures. We reaffirm our unwavering support for Ukraine for as long as it is needed. Communiqué following the meeting. The G7 countries intend to strengthen cooperation to monitor “cross-border transactions between Russia and other countries.”
The parties also agreed to promote international cooperation to solve global economic problems related to the Russian-Ukrainian conflict. According to the G7 countries, anti-Russian sanctions have no side effects on food and energy security.
According to the ministers and heads of the G7 Central Bank, the global economy has shown resilience to numerous shocks: the pandemic, the conflict in Ukraine and high inflation. According to Archyde.com, the communique says nothing about the “dead end” with the US public debt.
As The Japan Times reported earlier, the authorities of the G7 countries are discussing ways to transfer Russian assets frozen after the start of the military conflict to Ukraine. The confiscation of Russian funds is hampered by legal complexities and internal restrictions of the G7 countries. However, according to the Japanese authorities, this issue was not discussed at the meeting of finance ministers and heads of central banks.
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