UK, US Intensify Sanctions Against Russian Entities
Feb. 24, 2022–Leaders of the G7 countries held an emergency meeting today in response to Russia’s attack on Ukraine. The members include the United Kingdom, the United States, Canada, Japan, Germany, France and Italy. They along with the European Union coordinated plans to accelerate financial penalties and restrictions against Russia.
In no uncertain terms in their statement, the leaders condemned Russia’s war on Ukraine as well as participation by Belarus:
“We the Leaders of the Group of Seven (G7) are appalled by and condemn the large-scale military aggression by the Russian Federation against the territorial integrity, sovereignty and independence of Ukraine, directed partly from Belarusian soil,” the leaders said. “This unprovoked and completely unjustified attack on the democratic state of Ukraine was preceded by fabricated claims and unfounded allegations.”
Germany’s Chancellor Olaf Scholz is currently heading up the G7. NATO Secretary-General Jens Stoltenberg took part in the meeting as well as a separate one with the heads of the European Council and the European Commission.
Tougher Sanctions
Meanwhile, the United States and the United Kingdom announced new, tougher sanctions just days after the initial tranche.
“These sanctions exceed anything we’ve ever done,” U.S. President Joe Biden said today in an address to the nation.
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