Leaders of the world's leading economies in seven countries have threatened to impose tougher sanctions on the Russian economy if Russia's actions do not meet the new requirements proposed by leaders on easing tensions in Ukraine, whose new president says there is evidence that Russia is contributing to the situation.
The G-7 said sanctions on sectors of the Russian economy could be tightened in a month if Russian President Vladimir Putin:
1) does not recognize the legality of the elections in Ukraine and Petro Poroshenko as the next president;
2) will not stop the transfer of weapons across the border and will not persuade the separatists to lay down their arms;
3) will not work with the government in Kiev to resolve the situation in the east.
The United States and the European Union have already hit Russia with targeted sanctions targeting companies and individuals, but have so far avoided sweeping and sectoral sanctions that Western analysts say will cause great stress for Russia.
G-7 officials say the Kremlin has done little to stem the flow of weapons and people aiding pro-Russian movements in eastern Ukraine. The G-7 leaders' meeting was originally scheduled to be held in Sochi, where Russia would attend as a member of the Group of Eight countries. Russia was excluded from the eight after the annexation of Crimea to Russia in March this year.
G-7 heads warn Moscow in the face of Putin
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Azovpromstal® 6 June 2014 г. 11:58 |
