The latest news from Agence France-Presse (AFP) reported that leaders of the Group of Seven (G7) announced during the Hiroshima Summit on the 19th local time that they have agreed to impose new sanctions on Russia. As early as the end of April, foreign media revealed that the G7 was considering "almost complete ban on exports to Russia," to which Russia warned at the time that such actions would only exacerbate the risks to the global economy.
According to the AFP report, G7 leaders stated that the new sanctions would "prevent Russia from accessing G7 countries' technology, industrial equipment, and services that support its war machine." The sanctions measures include restrictions on the export of items "vital to Russia on the battlefield" and targeting entities accused of assisting in the transportation of supplies to the front lines for Russia.
#KVBPRIMEGlobal# #KVBPRIMENEWS #UkraineRussiaCrisis# #ForexForecast#
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