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G7 to Expand Sanctions Covering Metals on Russia, Promises Further Support for Ukraine

iconMay 23, 2023 10:21
Source:SMM
The Group of Seven (G7) summit opened in Hiroshima, Japan on May 19. The G7 leaders issued a joint statement, agreeing to expand sanctions on Russia and promising to provide further support to Ukraine.

The Group of Seven (G7) summit opened in Hiroshima, Japan on May 19. The G7 leaders issued a joint statement, agreeing to expand sanctions on Russia and promising to provide further support to Ukraine.

Existing sanctions against Russia will be expanded to target "the export of industrial machinery, tools and other technology that Russia uses to rebuild its war machine," and will continue to restrict Russia's gains from metals and diamond trade, G7 leaders said in a joint statement, Reuters reported.

They also pointed out that sanctions evasion by third countries has weakened the effectiveness of the measures and G7 countries are talking with the countries involved. G7 leaders also pledged further economic and military support to Ukraine this year and next.

Ukrainian President Volodymyr Zelensky will go to Hiroshima to attend the G7 summit, Ukrainian National Security and Defense Council secretary Alexei Danilov said on May 19. According to NHK, relevant Japanese government sources revealed that Zelensky will visit Japan on May 20.

Japan is arranging the meeting schedule so that Zelensky can participate in the discussion on Ukraine issues with G7 leaders on May 21.

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