BREAKING: G-7 ministers warn Russia to de-escalate its military buildup near Ukraine, say an invasion would have 'massive consequences.'
G-7 foreign ministers, joined by the European Union’s foreign affairs chief, issued a joint statement declaring themselves “united in our condemnation of Russia’s military buildup and aggressive rhetoric towards Ukraine.”
Russia’s movement of weapons and troops to the border region dominated weekend talks among foreign ministers from the G-7 wealthy democracies in the English city of Liverpool.The U.S. and it allies worry that the buildup could be precursor to an invasion, and have vowed to inflict heavy sanctions on Russia’s economy if that happens.
The statement promised a “common and comprehensive response” but contained no details. Truss said the G-7 was “considering all options” when it came to economic sanctions. Biden, who spoke to Russian President Vladimir Putin last week, said he had made clear that in the event of an invasion, “the economic consequences for his economy are going to be devastating. Devastating.”
Getting a unified response to global crises from the G-7, a group of countries with disparate interests, has often proved tough.Germany plans on getting gas from Russia soon through the contentious Nord Stream 2 pipeline, which bypasses Ukraine. Britain, which isn’t dependent on Russian gas, generally takes a tougher line on the pipeline — but faces tricky questions about London’s financial district and property market, both hubs for Russian money.
“We cannot have short term economic gain at the expense of our long term freedom and democracy,” she said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
G7 agrees on need for return to talks to resolve Russia-Ukraine crisis - German ministerGerman foreign minister Annalena Baerbock said on Saturday the G7 agreed that to resolve the crisis over a Russian troop build up on the Ukrainian border, parties needed to return to the negotiating table.
Read more »
G7 'absolutely united' over consequences if Russia invades Ukraine - U.S. officialThe G7 is absolutely united in its concerns over Russia's military build up, and the consequences for Moscow of any invasion of Ukraine, a senior U.S. State Department official said on Saturday. The official described talks among G7 foreign ministers in Britain as 'intense' and said there was still a diplomatic path to de-escalate the tensions with Russia. 'If they choose not to pursue that path, there will be massive consequences and severe costs in response, and the G7 is absolutely united in that,' she said.
Read more »
G7 warns Russia of 'massive' consequences if Ukraine invadedThe Group of Seven economic powers have told Russia to “de-escalate” its military buildup near the Ukrainian border, warning that an invasion would have “massive consequences” and inflict severe economic pain on Moscow
Read more »
G7 warns Iran, Russia about consequences of their actionsForeign ministers from the world's richest nations have held a two-day meeting in Liverpool, northwest England, seeking to present a strong, united front against global threats.
Read more »
Biden warns Putin: Russia will pay 'a terrible price' if it invades UkraineU.S. President Joe Biden on Saturday said he had made it clear to Russian President Vladimir Putin that Russia would pay 'a terrible price' and face devastating economic consequences if it invaded Ukraine.
Read more »
Biden warns Putin: Russia will pay 'terrible price' if it invades UkraineU.S. President Joe Biden on Saturday said he told Russian President Vladimir Putin that Russia would pay 'a terrible price' and face devastating economic consequences if it invaded Ukraine.
Read more »