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On Sunday, the leaders of the G7 countries held talks via videoconference on how to respond to Russia’s armed invasion of Ukraine. President of Ukraine Volodymyr Zelensky also took part in this meeting.
The leaders of the world’s leading countries discussed new sanctions against Russia and how to make Russia “pay a high price for Putin’s war for its invasion of Ukraine.”
In a statement following the meeting, the G7 leaders promised to tighten Russia’s economic isolation and “raise to a new level” the campaign against Russian pro-Putin elites.
They confirmed, in part, that they would cut Russia off from key financial and other services on which Russia depends, thus reinforcing the country’s isolation in all sectors of the economy.
The G7 leaders also reaffirmed their commitment to phasing out Russian energy resources, including a ban on Russian oil imports.
“We will continue and elevate our campaign against the financial elites and family members who support President Putin in his war and squandering the resources of the Russian people,” the G7 said in a statement.
New US sanctions
The United States after this meeting announced new sanctions against Russia and Belarus.
“The United States will impose sanctions on three of the most viewed, directly or indirectly state-controlled TV channels – the First Channel Joint-Stock Company, the Rossiya-1 TV Station, and the NTV Television Company Joint-Stock Company,” the White House said in a statement released following a video conference. G7 leaders.
The new US sanctions also include:
- A ban on the export of goods in a number of industries, including the nuclear industry.
- 2.6 thousand officials from Russia and Belarus fall under sanctions
- Among the newly included in the sanctions list: top managers of Sberbank and Gazprombank.
- A ban on American companies to provide consulting, advertising and accounting services to Russians.
The United States has imposed blocking sanctions against the Moscow Industrial Bank and a number of entities controlled by it, as well as the management of Sberbank and Gazprombank, follows from the message of the Office of Foreign Assets Control of the US Treasury Department (OFAC).
According to the White House, eight members of the management of Sberbank fell under US sanctions, including Sberbank Deputy Chairman Bella Zlatkis, First Deputy Chairman of the Board Kirill Tsarev, and Head of the Wealth Management block of Sberbank Natalya Alymova.
The sanctions list also includes 27 Gazprombank executives. The list also includes the chairman of the board of Gazprombank, Andrey Akimov, who was already under US sanctions, and the head of Gazprom, Alexei Miller.
Also under sanctions were APK Voronezhsky LLC, Azov Grain Company LLC, Auditconsult LLC and others.
In addition, the US State Department on Sunday added 8 Russian maritime companies and 69 vessels to the US Treasury’s sanctions list.