Washington DC, 28 June 2022 (TDI): The G7 will deliver an unwavering, unified commitment to support Ukraine and build on our unprecedented sanctions to hold Russia accountable. Sanctions will compound over time to further isolate Russia from the world economy, remarked the President of the United States, Joe Biden.
Furthermore, he shared the agenda of the G7 to hit Russia’s military-industrial complex for maximum damage.
Also, the bloc will prevent the central bank’s foreign reserves from propping up the economy of Russia.
He highlighted that the coalition aims to reprive the country from waging its illegitimate war.
Together, the G7 will deliver unwavering, unified commitment to support Ukraine and build on our unprecedented sanctions to hold President Putin accountable – sanctions that will only compound over time to further isolate Russia from the world economy. pic.twitter.com/EJlINtkEfm
— President Biden (@POTUS) June 27, 2022
Also, he said that America strives for peace and rose to the moment, neglecting the impacts on its economy.
President Biden highlighted complete support for Ukraine and expressed solidarity with the country on the recent attacks on civilians.
We could have turned a blind eye to Putin’s barbaric war against Ukraine and the price of gas wouldn’t have spiked the way it has, but America rose to the moment.
We proudly stand with Ukraine. pic.twitter.com/zF2XfkJjp7
— President Biden (@POTUS) June 27, 2022
G7 actions to support Ukraine
As demonstrated, the US and its allies and partners will continue to support Ukraine by holding Russia for their atrocities. Earlier, Japan has also imposed sanctions on Russia for institutional support and export of military equipment.
Additionally, the G7 leaders are weighing the possibility of utilization of tariff revenues on imports from Russia to support Ukraine.
In addition, the US is also imposing sanctions on the imports of gold from Russia. Also, the group elaborated that Russia must unblock Ukraine’s ports to resume food supply to prevent the global food security crisis.
Appeal from Ukraine
The President of Ukraine, Volodymyr Zelenskyy, has appealed for more heavy weapons from the western allies. He was addressing a session in the G7 via video link.
He stressed immediate action to cease war before the onset of “bitter cold winters.”
The Ukrainian President emphasized extending the sanctions on Russia further. While addressing the US Department of State, President Zelensky stressed to endorse the decision to recognize Russia as a state sponsor of terrorism.