G7 allies will raise more sanctions against Russia, PM Modi will arrive today
Brussels: G7 allies with more sanctions against Russia. The G7 allies are putting forward proposals to strengthen existing sanctions and subject more Russian companies and their international partners to punitive restrictions.
The new sanctions are viewed as an effective response to Russia’s “war machine,” with the goal of forcing Russia into recession and reducing its belligerence. Since Russia invaded Ukraine in February of last year, its allies, including the United States, the United Kingdom, and the European Union, have continued to impose sanctions on Russia.
Leaders from the Group of Seven wealthy democracies met in Hiroshima, Japan, and decided to impose new sanctions, including on Russia’s $4–5 billion (€3.7–4.6 billion) annual diamond trade. The US administration imposed further sanctions today, blacklisting 70 more entities from Russia and ‘other countries’. Ukrainian President Volodymyr Zelenskyy is expected to address the summit via video link over the weekend.
Modi will arrive.
Today, Prime Minister Narendra Modi will travel to Japan. He is visiting Japan for the G-7 summit. The Japanese Prime Minister, Fumio Kishida, invited the Prime Minister to visit the East Asian country.
Prime Minister Modi will attend the G7 summit in Hiroshima from May 19 to May 21. He is expected to speak about global issues such as food, fertiliser, and energy security.
The G7 summit is being held in Japan. The G7 meeting’s broad agenda focuses on nuclear disarmament, economic deterrence, economic security, regional issues, climate change, energy security, food, and health.
The G7 summit is attended by the highly developed countries of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union. According to Foreign Secretary Vinay Mohan Kwatra, India will attend two formal sessions on May 20 and 21.
The first session will concentrate on food, development, health, and gender equality, while the second session will concentrate on climate, energy, and the environment and the third on “a peaceful, sustainable, and prosperous world’.
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