G7 leaders warn Russia of all sanctions on the table regarding the strengthening of the border with Ukraine | G7
Foreign ministers from the G7 group of rich democracies warned Russia of “massive consequences” if it invaded Ukraine and urged it to defuse its military build-up on its border.
A statement from the Liverpool meeting said the group reaffirmed its “unwavering commitment to the sovereignty and territorial integrity of Ukraine, as well as the right of any sovereign state to determine its own future” and welcomed what ‘he called Ukraine’s “restraint” as tensions grew.
âAny use of force to change borders is strictly prohibited by international law. Russia must not doubt that a new military aggression against Ukraine would have massive consequences and a high cost in response, âthe statement said, after a weekend meeting dominated by the discussion on the movement of arms and troops from Russia to the border region.
British Foreign Secretary Liz Truss said all forms of economic sanctions against Russia were on the table if it made a foray into Ukraine, and hinted that she might be ready to review UK laws against money laundering, seen by some as a way for Russian elites to hide their money.
She said an invasion would come at a “high cost” to Russia. Kremlin spokesman Dmitry Peskov told Russian media on Sunday he was demonized for moving his troops within his own borders and said Vladimir Putin told Joe Biden during a call video last week that Russian troops posed no threat to anyone.
Economic sanctions could include restricting access to global financial markets and establishing new conditions for financing Russian public debt. The cancellation of the Russian Nord Stream 2 gas pipeline to Germany is also on the agenda, but in reality Germany is likely to make this decision without pressure from the G7 states in the event of an invasion.
As Germany’s new coalition government is divided over the long-term future of the pipeline – with Chancellor Olaf Scholz’s Social Democrats broadly in favor and Foreign Minister Annalena Baerbock’s Greens opposed – it should block the pipeline indefinitely of its volunteer if Ukraine’s borders are violated.
Although all of the G7 foreign ministers – a gathering that collectively represents 50% of global GDP – made it clear that they must send the strongest signal possible to Putin not to invade Ukraine, there were differences in emphasis on the best type of sanctions, and whether national G7 laws should be revised.
Truss said the UK was considering all options, when asked if she was willing to initiate a review of anti-corruption laws following criticism that London had acted as a haven for kleptocrats.
âWe have very strict anti-corruption and money laundering laws in the UK, but let’s be clear: when the UK wanted to send clear messages and achieve clear targets, we were prepared to use penalties. economic, so we are considering all the options and with our allies, including the United States and our G7 partners, we have been very clear that there will be serious consequences, âshe said.
His reference to “all options” did not make it clear how far Truss intended to go.
EU foreign ministers in Brussels are expected to announce on Monday the start of a process to impose sanctions on Russian private military contractor Wagner Group. Moscow denies that Wagner is linked to the Russian state, but said the EU would face retaliation if sanctions against its citizens were taken.
The approach is being pushed by France, concerned about the scale of the Wagner group’s intervention in the Sahel region in Africa.
The American intelligence services estimate that Russia could plan an offensive against Ukraine involving up to 175,000 troops as early as next year. Moscow has denied its invasion plans and demanded security guarantees that NATO will not expand further east or place its weapons near Russian territory.
In 2014, Russia took the Crimean Peninsula on the Black Sea from Ukraine, prompting the West to impose sanctions.
Truss said Iran has one last chance to comply with the 2015 nuclear deal. Foreign leaders in Liverpool have exchanged notes on whether they believe Iran is seriously seeking a deal in the talks in Vienna. , or if he was playing more to save time.
Negotiators from Europe, Russia, China, the United States and Iran stayed in the Austrian capital over the weekend to work on a possible text under which the United States would lift sanctions on Iran , leading to Tehran’s return to the nuclear deal.
“This is the last chance for Iran to come to the negotiating table with a serious resolution of this issue, which must agree with the terms of the JCPOA [joint comprehensive plan of action]”Truss said.” This is their last chance and it is vital that they do so. We will not allow Iran to acquire a nuclear weapon.
European diplomats say Iran’s behavior cannot be seen as a genuine effort to strike a deal.
It is likely that if the talks do not progress at the speed required by the United States and Europe, a leadership-level discussion will be convened to decide whether to postpone Iran’s breach of the 2015 accord. at an emergency meeting of the UN board. nuclear inspection. This would mark the start of the final collapse of the deal.
At the same time, however, diplomats stressed that progress had been made over the past three days because Iran no longer insisted that talks focus on the plans the newly elected government had prepared.
Members of the G7, joined by members of the Association of Southeast Asian Nations, spent the evening at the Beatles Museum, which houses a model of the Cavern club, and traveled to Anfield, home of the club football club, for lunch.