The G7 is saying:
- It is prepared to take further measures to hold Russia’s Putin accountable for attack on Ukraine
- It will work to preserve stability of energy markets as well as food security
- It will ensure Russia and its elites, proxies and oligarchs cannot leverage digital assets to avoid impact of international sanctions
- It will deny Russia most favored nation status relating to key products, which will revoke important benefits of Russia’s membership of WTO
- They are working collectively to prevent Russia from obtaining financing from leading multilateral institutions
- They will continue working to develop and implement measures to further limit Russia’s ability to raise money internationally
Meanwhile, EUs Von Der Leyen adds:
- Will deny Russia’s status of most favored nation status in other markets
- Will work to suspend Russia’s membership rights and IMF and World Bank
- Will continue pressuring Russian elites a close to Putin as well as their families and enablers
- Group close to Putin and architects of his war from using crypto assets to grow and transfer their wealth
- Will ban export of any EU luxury goods from our countries to Russia
- Will prohibit import of key goods in iron and steel sector from Russian Federation
- Will propose a big ban on new European investments across Russia’s energy sector
Meanwhile Part II,
- Ukraine estate information Center says Bella revision invasion of Ukraine today cannot be ruled out.
Pressure cooker increases.