G7 threatens more sanctions on Russia over Ukraine crisis

The G7 countries urged Russia to recognise the results of the Ukrainian election.

The group of seven (G7) leaders on Thursday urged Russia to complete its troop withdrawal from the Ukrainian border.

The leaders stated that they were ready to intensify targeted sanctions against Russia.

The group also welcomed the May 25 election in Ukraine and Petro Poroshenko’s election as Ukraine’s new president, according to a statement issued after the first day meeting of the G7 summit.

“We commend the willingness of the Ukrainian authorities to continue the national dialogue in an inclusive manner,” the statement said.

The G7 countries urged Russia to recognise the results of the Ukrainian election; complete the withdrawal of its troops from the Ukrainian border and stop the flow of weapons and militants across the border.

“We stand ready to intensify targeted sanctions and to implement significant additional restrictive measures to impose further costs on Russia should events so require,” the statement said.

A G8 summit had been scheduled to take place in Russia’s Sochi in early June under the Russian presidency.

The G7 leaders, however, decided to meet in Brussels in the G7 format following the expulsion of Russia in March after the Crimean peninsula joined Russia after a controversial referendum.

Ukrainian authorities and some Western countries denounced the referendum as “illegal.”

The United States and the EU have initiated rounds of sanctions on Russian individuals and entities connected to the Ukraine crisis.

Apart from the situation in Ukraine, the leaders of Canada, France, Germany, Italy, Japan, Britain, the United States as well as the EU also discussed the global economy, energy, climate change and development.


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: To place a text-based advert here. Call Willie - +2347088095401

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.