War in Ukraine | G7 announces sanctions against Russian metals and diamonds

by time news

2023-05-19 17:30:05

The G7 leaders accentuated their support to Ukraine in a conflict with no end in sight and on the eve of a counter-offensive about which there are so many expectations that it will be difficult not to disappoint them. They also pledged on the first day of the summit to accentuate the economic suffocation to Moscow. For the first, the largest capitalist economies in the world are sufficient, but the second is not viable without the contribution of a developing world that retains its ties with Russia.

A Hiroshimavenue of the summit, will arrive on Sunday Volodymyr Zelensky, scheduled first in videoconference and confirmed in person after intense rumors. Zelenski, to whom the media climax is reserved, will go on a French plane from Saudi Arabiathe penultimate stage of his frantic diplomatic campaign to gather support.

He joint communiqué affirms that the members (the United States, Canada, the United Kingdom, France, Italy, Germany and Japan) will take “new steps” to ensure the failure of the Russian aggression. “That affects the exports of industrial machinery, tools and other technology that Russia is using to rebuild its war industry”, he clarifies. will also be limited metal and diamond purchases that fatten the coffers of Moscow.

A serious problem for the effectiveness of sanctions is the indirect arrival in Moscow of goods. The examination of the customs data of Germany reveals a noticeable increase in its exports to Russia’s neighboring countries and there are suspicions that these are only an intermediate stage. Another problem, with no solution in sight, is the disinterest of countries like India, Brazil o China for cutting down on its trade with Russia.

New punitive measures

The clarification is relevant because fear is growing in Brussels that USA lose interest if Ukraine does not make significant gains on the battlefield. Its commitment to sanctions remains unabated. Today it announced the inclusion of 70 Russian entities in its export blacklist y 300 additional punishments to 300 individuals and entities helping Russia to haggle over sanctions. He United Kingdom it will ban exports of Russian diamonds, copper, aluminum and nickel. AND Canada it will sanction dozens of individuals and companies for supplying war technology to Moscow and violating human rights. They offered no news Italia, Germany y Francewaiting for the EU to reveal its next punishment package.

The day had begun with the visit of the leaders to the museum and hiroshima peace memorialraised to commemorate the 140,000 deceased by the bomba nuclear that the United States launched 80 years ago. They were also able to talk with the survivors of that barbarity, depositaries of a strong commitment to peace and with a speech without a shred of rancor that restores faith in the human being.

The summit is observed with undisguised suspicion by China. An international meeting in Japan with the United States anticipates an avalanche of sticks. His embassy in Tokyo, alerted by the “negative movements” of the eve, has asked that the event not become “a political spectacle” against China.

The national press has been more belligerent. An editorial in the ‘Global Times’ newspaper emphasizes the differences between the G7 and the summit in Xi’an, Cradle of the Terracotta Warriors, with representatives from five Central Asian countries. The second, he judges, is an example of healthy multilateralism, respect and tolerance. In the first, on the other hand, “an exclusive and closed group provokes antagonism and confrontation.” “American hegemonic thinking forces choice on non-Western countries, dividing a diverse world into allies, geopolitical pawns, opponents and even enemies,” he adds.

#War #Ukraine #announces #sanctions #Russian #metals #diamonds

You may also like

Leave a Comment