G7 threatens Russia with large-scale sanctions for an attack on Ukraine | News from Germany about events in the world

G7 finance ministers have warned Russia of “large-scale” economic consequences if it attacks Ukraine. “The build-up of Russian military power near the borders of Ukraine is a matter of serious concern. We, the G7 finance ministers, underline our readiness to provide prompt and decisive support to the Ukrainian economy,” the British government said in a joint statement published on the website of the British government on Monday, February 14.

“Any further Russian aggression against Ukraine will meet with an immediate, coordinated and powerful response. We are ready for the collective imposition of economic and financial sanctions that will have large-scale and immediate consequences for the Russian economy,” the G7 ministers stressed.

On January 1, 2022, Germany replaced the UK as chairman of the G7, which also includes Italy, Canada, the USA, France and Japan. As part of this presidency, the FRG intends to strengthen cooperation with all G7 countries, including in pursuing a common policy towards Russia.

West fears Russian invasion of Ukraine

In recent months, relations between Russia and Western countries have deteriorated sharply. The West is talking about the concentration of Russian troops near the Ukrainian border and the threat of a Russian invasion of Ukraine. In the second half of 2021 and early 2022, the Russian Federation deployed more than 100 thousand military personnel to the annexed Crimea and to the border with Ukraine. The Kremlin denies plans for military aggression.

The January series of talks between Russia and the United States, NATO and the Organization for Security and Cooperation in Europe did not bring the desired results. The West is calling on Moscow to withdraw troops from the Ukrainian border and is threatening unprecedented sanctions. Russia, on the other hand, accuses Western countries of arming Ukraine and conducting maneuvers near the borders of the Russian Federation.

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A Brief History of the Ukrainian-Russian Confrontation
The collapse of the Soviet Union and the creation of the CIS
In December 1991, Ukraine, Russia and Belarus documented the collapse of the USSR. Moscow obviously hoped to maintain its influence through the CIS and cheap gas supplies. But it turned out differently. The Russian Federation and Belarus created a union state, Ukraine increasingly looked to the West. In the photo: Leonid Kravchuk, Nursultan Nazarbayev, Boris Yeltsin and Stanislav Shushkevich during the official founding of the CIS in Almaty.

A Brief History of the Ukrainian-Russian Confrontation
Legacy of the USSR and the Budapest Memorandum
Ukraine inherited from the USSR almost a million strong army and the 3rd largest nuclear arsenal in the world. Kiev refused the missiles, handing them over to Russia in exchange for economic assistance and security guarantees (Budapest Memorandum of 1994). While the West did not reciprocate Kiev and was not going to integrate it into its structures, the reaction of the Russian Federation was restrained. In the photo: Russian and US leaders Boris Yeltsin and Bill Clinton.

A Brief History of the Ukrainian-Russian Confrontation
Cracks in Post-Soviet Friendship: Tuzla Conflict
The first major diplomatic crisis between Moscow and Kiev occurred under President Putin. In the fall of 2003, Russia suddenly began building a dam in the Kerch Strait towards the Ukrainian island of Tuzla. Kiev considered this an attempt to redistribute borders. The conflict was resolved after a personal meeting of the presidents. Construction was stopped, but the first cracks appeared on the facade of friendly relations between the two countries.

A Brief History of the Ukrainian-Russian Confrontation
Orange Revolution 2004
In the presidential elections in Ukraine in 2004, the Russian Federation actively supported the pro-Russian candidate Viktor Yanukovych, but the Orange Revolution prevented him from winning amid accusations of fraud. Pro-Western politician Viktor Yushchenko became president. His victory became the starting point of changes in the policy of the Russian Federation, designed to prevent what Moscow calls “color revolutions.”

A Brief History of the Ukrainian-Russian Confrontation
Shutting off Ukraine’s “gas valve” in the 2000s
During Viktor Yushchenko’s presidency, the Russian Federation twice shut off Ukraine’s “gas valve” – in 2006 and 2009, which led to interruptions in transit supplies to Europe. In the photo: a Gazprom employee at the Sudzha gas measuring station, 200 meters from the Ukrainian border, Kursk Region, Russia, 2009.

A Brief History of the Ukrainian-Russian Confrontation
The promise of NATO membership
The key event happened in 2008. At the NATO summit in Bucharest, US President George W. Bush tried to get Ukraine and Georgia to receive a Membership Action Plan (MAP). Putin sharply objected, making it clear that he did not fully recognize the independence of Ukraine. As a result, Germany and France blocked Bush’s plan. Ukraine and Georgia were promised NATO membership, but no date.

A Brief History of the Ukrainian-Russian Confrontation
Ukraine’s course towards the European Union
It was not possible to move quickly towards joining NATO, and Ukraine set a course for economic rapprochement with the EU. In the summer of 2013, the Russian Federation began to exert massive pressure on Kiev, almost cutting off Ukrainian exports at the border. The Yanukovych government has suspended preparations for signing an association agreement with Brussels. Soon protests began in Ukraine, in February 2014 Yanukovych fled to Russia.

A Brief History of the Ukrainian-Russian Confrontation
Russian annexation of Crimea
A power vacuum emerged in Ukraine, in March 2014 Russia annexed Crimea. This was a turning point, the beginning of an undeclared war. Pictured: Russian military in Crimea (Simferopol, March 2014).

A Brief History of the Ukrainian-Russian Confrontation
War in Donbass
At the same time, Russian and local paramilitary structures provoked an outbreak of separatism in the Donbass, “people’s republics” were proclaimed in Donetsk and Lugansk, which were led by people who had come from the Russian Federation in unmarked uniforms. Kiev reacted slowly, waiting for the presidential elections at the end of May 2014, and only then decided on a large-scale use of force.

A Brief History of the Ukrainian-Russian Confrontation
Birth of the Normandy Format
In early June 2014, in France, at events marking the 70th anniversary of the Allied landings in Normandy, newly elected President of Ukraine Petro Poroshenko met for the first time with his Russian counterpart Putin through the mediation of the leaders of Germany and France. This is how the “Norman format” was born.

A Brief History of the Ukrainian-Russian Confrontation
“Ilovaisky cauldron”
In the summer of 2014, the Ukrainian army began to push back the separatists, but at the end of August, Russia, according to Kiev, used its army on a large scale in the Donbass. Moscow denies this. The peak of the conflict was the defeat of the Ukrainian forces near Ilovaisk. The war along the entire front line ended with the signing of a ceasefire in Minsk in September, which was quickly broken.

A Brief History of the Ukrainian-Russian Confrontation
Positional war continues
In early 2015, the separatists went on a broad offensive. Kiev accused Moscow of using an unmarked army, the Russian Federation denied everything. Ukrainian forces were defeated near the city of Debaltseve. Then, with the mediation of Germany and France, “Minsk-2” was signed, an agreement that still remains the main document for the settlement of the conflict. None of its points has been fully implemented.

A Brief History of the Ukrainian-Russian Confrontation
The concentration of Russian troops on the border of Ukraine
In 2021, there was a new aggravation. Russia twice, in spring and autumn, drew up its troops to the western borders. Ukrainian and Western intelligence reports about the threat of a possible Russian invasion of Ukraine. To defuse the situation, a series of international negotiations took place in the West. However, the Russian Federation demands guarantees that Ukraine will not join NATO and lets know that it is not going to withdraw troops yet.
Author: Roman Goncharenko