Replies

ARTICLE

G7 countries consider almost complete ban on exports to Russia
Economic Pravda
Saturday, 22 April 2023, 10:04
https://www.pravda.com.ua/eng/news/2023/04/22/7398980/

The G7 countries are discussing the possibility of expanding the sanctions regime against Russia, including a ban on almost all exports to Moscow.

Source: Kyodo

The decision may be made during the G7 summit to be held in May in Hiroshima, western Japan.

Quote: “The G-7 countries have already stopped exporting a wide range of items to Russia, including products that can be used for military purposes and luxury goods. But the latest plan could expand the trade embargo to used cars, tyres, cosmetic items and clothing, the source said.”

Japanese Prime Minister Fumio Kishida has invited President Volodymyr Zelenskyy to join the meeting online. The summit takes place on May 19-21 and will be attended by the leaders of the United Kingdom, Canada, France, Germany, Italy, Japan, the United States, and the European Union.

Background:

The G7 countries are likely to impose new sanctions on large one-carat diamonds from the Russian diamond mining company Alrosa, which accounts for about a third of the world’s rough diamond supply.

***[”G7 mulls almost complete ban on exports to Russia”
KYODO NEWS
Apr 21, 2023 - 13:05
https://english.kyodonews.net/news/2023/04/6d3e6b277134-g7-mulls-almost-complete-ban-on-exports-to-russia.html]

TOYKO- The Group of Seven countries are considering banning almost all exports to Russia, in an extension of the sanctions regime against Moscow for its ongoing invasion of Ukraine, a Japanese government source said Friday.”

Japan is set to host the G-7 summit in May in Hiroshima, western Japan, where discussions will take place on measures to expand support to Ukraine and strengthen sanctions on Russia among other key topics.

The G-7 countries have already stopped exporting a wide range of items to Russia, including products that can be used for military purposes and luxury goods. But the latest plan could expand the trade embargo to used cars, tires, cosmetic items and clothing, the source said.

The May 19-21 summit brings together leaders of Britain, Canada, France, Germany, Italy, Japan and the United States, plus the European Union.

Japanese Prime Minister Fumio Kishida has invited Ukrainian President Volodymyr Zelenskyy to join the gathering online.]