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The EU and Japan have opposed a total ban on exports from G7 countries to Russia

April 25, 2023

There is no unity in the Western coalition regarding tougher anti-Russian sanctions. Witness the declaration of the leaders of the G7 countries at the next G7 summit in Hiroshima in mid-May. The Financial Times had access to this document and shared its key points.

The stumbling block was the US proposal to completely drop exports from G7 countries to Russia.

“A total export ban will include exemptions for agricultural, medical and other products,” the source said.

The idea of ​​a complete waiver of exports to Russia was not supported by representatives of the EU and Japan.

“From our perspective, it’s just not feasible,” the publication quoted a senior official as saying.

Experts explained that the US position is caused by dissatisfaction with the sanctions system, which Russia easily circumvents to the detriment of Turkey, India, China and other countries and continues to import western technologies. Analysts believe the G7 has now “imposed the largest set of sanctions and export controls ever applied to a major economy”.

Let us recall that a meeting of the leaders of the G7 is scheduled for May 19 in Hiroshima, the agenda of the summit includes four subjects: the consequences of the Ukrainian crisis, economic security, investment in environmental projects and the development of the Indo-Pacific region.

Read the Russia Ukraine News on The Eastern Herald.

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