20/05/2023
📷: U.S. President Joe Biden and first lady Jill Biden are welcomed by Japan's Prime Minister Fumio Kishida and his wife Yuko Kishida at the Peace Memorial Park during a visit as part of the G-7 summit in Hiroshima, Japan, May 19, 2023.
👉 Members of the Group of Seven wealthy democracies will act at this year's G-7 summit to pile more sanctions on Russia and crack down on those helping it evade them — a move aimed at hampering Moscow's ability to fund its war in Ukraine.
Briefing reporters, a Biden administration official, who was not identified by name as is customary, said the group will announce hundreds more sanctions and export controls at this year's meeting in Hiroshima, Japan.
Just the sanctions from the United States would blacklist about 70 Russian and third-country entities involved in Moscow's defense production, the official said, in addition to sanctioning more than 300 individuals, entities, aircraft and vessels. Other G-7 nations are set to announce their actions this week.
The official listed these steps: moves to further disrupt Russia's ability to obtain equipment and supplies for the war effort; work to close sanctions-evasion loopholes; and steps to reduce Europe's reliance on Russian energy. The group will also make more efforts to limit Russian access to the international financial system and commit to keeping Russia's sovereign assets frozen.
Group of Seven democracies to add new Russia sanctions and firm up sanctions enforcement, Biden administration says
