The US -led coalition will continue to deprive the Kremlin regime of the resources it needs to wage war against Ukraine.
The US and the G7 will intensify economic pressure on Russia due to military aggression in Ukraine and will take further steps to hold Moscow accountable. It was reported on June 27 in the White House.
“The United States has brought together more than 30 allies and partners around the world to impose huge costs on Russia, and the US-led coalition will continue to increase pressure on (Russian President Vladimir) Putin,” he said. said the statement.
It has been noted that in a few months, U.S. exports to Russia, including critical technologies the country needs to maintain the armed forces, have dropped by approximately 97%.
According to forecasts of the American administration, imports of goods into the Russian Federation from around the world could fall by 40%, and inflation will rise to more than 20%.
“Our measures will continue to consume critical parts of Putin’s military-industrial complex … and deprive Putin of the resources needed to wage war … The effectiveness of our measures will only increase over period, which will further isolate Russia from the world economy, ” – stressed the White House.
The release states that the United States, in engagement with the G7, will introduce new sanctions against hundreds of individuals and legal entities, as well as companies helping the Russian Federation circumvent the restrictions already imposed.
In addition, tariffs will be imposed on hundreds of Russian goods worth billions of dollars.
Earlier, the head of the President’s Office, Andriy Yermak, listed key anti-Russian measures agreed upon by the leaders of the G7 countries at the summit in Germany.
The G7, in particular, will expand sanctions that will affect Russia’s access to resources, services and technology, as well as significantly limit its revenue, including from gold.
The G7 adopted a statement on war between Russia and Ukraine
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.