G7 says ready to beef up Crimea sanctions against Russia

G7 nations vowed Saturday to fight protectionism

G7 says ready to beef up Crimea sanctions against Russia

World Bulletin / News Desk

G7 nations including the United States said Saturday that they stood ready to strengthen sanctions imposed against Russia after its annexation of Crimea if Moscow's actions warranted it.

"We recall that the duration of sanctions is clearly linked to Russia's complete implementation of its commitments in the Minsk Agreements and respect for Ukraine's sovereignty. Sanctions can be rolled back when Russia meets its commitments," a G7 statement read.

"However, we also stand ready to take further restrictive measures in order to increase costs on Russia should its actions so require," it said.

The G7 nations said that they vowed to combat sharp practice in trade, after US President Donald Trump came to power vowing "America First".  

 

In a summit statement, the club said free and fair trade was vital to job creation.

"Therefore, we reiterate our commitment to keep our markets open and to fight protectionism, while standing firm against all unfair trade practices," it said, while also pledging to help those left behind by globalisation.

 

 

Güncelleme Tarihi: 27 Mayıs 2017, 16:53
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