United States To Unveil New Sanctions On Russia At G7 Summit

Washington: The United States will unveil new sanctions “that will comprehensively restrict Russia’s access to goods critical to battlefield capabilities,” a US official said ahead of the G7 summit in Japan on Friday. He said that the main goals of the United States at the G7 this year will be several, however, the main focus will be on showing shared and continued support for Ukraine. A US administration official said, “We have taken a number of actions to hold Russia accountable. In coordination with our G7 partners, we have imposed the largest set of sanctions and export control actions ever imposed on a major economy. ”

The United States is apparently planning to blacklist nearly 70 companies and organizations for selling banned American products to Russia. “We will continue to expand export controls to make it even more difficult for Russia to maintain its war machine.

Among other things, this includes sweepingly restricting categories of goods critical to the battlefield, as well as cutting off nearly 70 entities from Russia and third countries from receiving US exports by adding them to commerce blacklists, said the officer.

More than 300 new sanctions against individuals, entities, ships and aircraft will also be disclosed by the US. “These will go after financial backers as well as Russia’s future energy and evacuation capabilities and other actors helping to support the war. This will include designations across Europe, the Middle East and Asia,” the US official said.

In addition, the US will expand its sanctions to Russian economic sectors that are important to the country’s military-industrial complex and impose new sanctions to prevent Russia from using its services.

“As part of all these efforts, you will see us take important steps to align our actions even more closely with those put in place by the EU and the UK to ensure that as the G7, Let us be as coordinated as possible in our response to their brute-force actions of Russia,” the official said.

“I also want to remind people that at the G7 summit in Almau last June, the leaders agreed to pursue a policy to limit the prices of Russian oil and petroleum products. The US official said , Six months later, that policy was implemented under the guidance of the leaders provided in Elmau, we successfully implemented this policy.

The official further said that the G7 members are preparing to implement new sanctions and export controls. “I won’t go into the specifics of what the partners are doing, but the United States will be building a big package of its own,” the official said. The Russia-Ukraine war that started on 24 February has claimed many lives and the war between the two countries is still going on.

G7 Summit, Hiroshima

President Biden and other leaders are here in Hiroshima to participate in the G7. Japanese Prime Minister Fumio Kishida, who hosts this year’s G7 summit, will welcome world leaders to visit the Hiroshima Peace Memorial Park (Genbaku Dome) – the only structure left standing in the area where the world’s first nuclear fallout occurred. is shown. On August 6, 1945, the city was bombed.

Leaders of the Group of Seven countries and leaders of eight other invited countries, including India, are also expected to visit the Hiroshima Peace Memorial Park.

Hiroshima was the first military target of a nuclear weapon in human history. This happened on August 6, 1945, in the Pacific Theater during World War II, when the United States Army Air Forces dropped the “Little Boy” atomic bomb on the city.

Most of Hiroshima was destroyed, and by the end of the year between 90,000 and 166,000 had died due to the explosion, radiation exposure, and its effects. The Hiroshima Peace Memorial (a UNESCO World Heritage Site) serves as a memorial to the bombing.

The G7 Summit is an annual international forum for the leaders of the G7 member states of France, the United States, the United Kingdom, Germany, Japan, Italy and Canada (in order of rotation of the presidency), and the European Union (EU).