G-7 to impose additional sanctions on Russia

April 26, 2014 10:13

Expressing deep concern at continued Russia-backed efforts to destabilise eastern Ukraine, leaders of the G-7 countries said they have decided to impose additional sanctions on Moscow.

The G-7 comprises Canada, France, Germany, Italy, Japan, the UK and the US.

The President of the European Council and the President of the European Commission also signed the joint statement issued by G-7 countries, hours after US President Barack Obama spoke with leaders of Germany, France, Britain and Italy.

"We have now agreed that we will move swiftly to impose additional sanctions on Russia. Given the urgency of securing the opportunity for a successful and peaceful democratic vote next month in Ukraine's presidential elections, we have committed to act urgently to intensify targeted sanctions and measures to increase the costs of Russia's actions," the joint statement said.

In the statement, the leaders expressed their deep concern at the continued efforts by separatists backed by Russia to destabilise eastern Ukraine and their commitment to taking further steps to ensure a peaceful and stable environment for the May 25 presidential election.

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