OTTAWA — Canada hosted a virtual meeting of G7 finance ministers today to discuss further measures to increase the pressure on Russia.
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Maroc - ENG.UATV.UA - A La Une - 15/Sep 10:20
G7 Finance Ministers discuss increasing economic pressure on Russia
Canada convened a meeting of Finance Ministers from the Group of Seven nations to discuss ways to intensify pressure on Russia’s war economy. This was reported by Ukrinform, based on information from Canada’s Ministry of Finance “Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, chaired a meeting of G7 Finance Ministers to discuss further measures to increase pressure on Russia to end its war against Ukraine,” the statement reads. Canada, which currently holds the G7 presidency, reaffirmed its commitment to working closely with allies to strengthen pressure on Russia and support Ukraine’s long-term security and recovery. “G7 Ministers agreed to accelerate discussions to further use immobilized Russian sovereign assets to fund Ukraine’s defence, and to explore other mechanisms that would allow further increasing financial support to Ukraine,” the ministry added. As a reminder, earlier this month Canada, in coordination with the European Union and the United Kingdom, lowered the price cap on Russian oil by 12%. Read also: Swiss Companies Launch ₣93 Million Recovery Projects in Ukraine The post G7 Finance Ministers discuss increasing economic pressure on Russia appeared first on Freedom.
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