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    HomeWorldNew Sanctions against Russia to be Revealed by G7 Due to Conflict...

    New Sanctions against Russia to be Revealed by G7 Due to Conflict in Ukraine

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    US President Joe Biden is attending a meeting with Japanese Prime Minister Fumio Kishida before the G7 Summit in Hiroshima, Japan. The main focus of the meeting is to halt Russia’s advancements in Ukraine by closing loopholes and stopping its ability to get materials for the battlefield. The United States and the rest of the G7 countries will announce new sanctions and export controls targeting Russia over its war against Ukraine.

    The G7 leaders are gathering in Hiroshima to reaffirm their support for Ukraine and squeeze Moscow, with the invasion of Ukraine high on the agenda. The US has spearheaded tough sanctions on Russian companies, banks and individuals, while the latest efforts are aimed at disrupting Russia’s ability to get materials it needs for the battlefield. There is a heavy focus on dual-use items which have both commercial and military applications.

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    The latest US sanctions package will include “extensively restricting categories of goods key to the battlefield” as well as preventing some 70 entities from Russia and third countries from receiving US exports by adding them to the US Commerce Department’s blacklist. In addition, the United States will announce some 300 new sanctions against individuals, entities, vessels and aircraft targeting “financial facilitators”, Russia’s future energy extracting capabilities, and others across Europe, the Middle East and Asia helping to support the war.

    The US official said Washington would take significant steps to align its actions closely with the EU and Britain to ensure that the G7 remained as coordinated as possible in response to “Russia’s brutal actions”.

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