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G7 leaders pledge to stop Russian oil import, impose additional financial isolation | World News


Published by Sharangee Dutta | Edited by Poulomi Ghosh, New Delhi

The Team of 7 (G7) leaders in a joint assertion stated on Sunday that they will impose additional financial isolation on Russia for its invasion of Ukraine. Following keeping talks with Ukrainian President Volodymyr Zelensky by using movie convention, the leaders pledged to period out dependency on Russian electricity, which includes phasing out or banning the import of oil.

The leaders also stated that they will carry on to just take motion towards Russian financial institutions linked to international financial system and systematically important to Russian economic technique.

The G7 leaders pledged to carry on and elevate their marketing campaign towards economic elites and family members users “who guidance Russian President Vladimir Putin in his war work and squander the sources of the Russian people”.

The G7 leaders stated that Putin’s “unprovoked war of aggression” in Ukraine has introduced “shame” on his region and the “historic sacrifices of its people”.

“Russia has violated the intercontinental principles-based mostly purchase, specifically the UN Constitution, conceived right after the Next World War to spare successive generations from the scourge of war,” the G7 assertion study.

 The leaders stated they continue being “united” in their take care of that Putin “must not acquire his war towards Ukraine”.

The G7 is an inter-governmental political discussion board comprising France, Germany, Italy, the United States, the United Kingdom, Japan, and Canada. The European Union (EU) is a ‘non-enumerated member’ of the team.

(With inputs from Reuters, AFP)

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