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Free AccessG7-Unconditional Russian Withdrawal Essential For Peace
The G7 has released its leaders' statement on Ukraine on the first day of the summit taking place in Hiroshima, Japan. G7: 'We are renewing our commitment to provide the financial, humanitarian, military and diplomatic support for Ukraine as long as it takes...We are imposing further sanctions and measures to increase the costs to Russia and to those who are supporting its war effort...We are also building on the success of our efforts to ensure that Russia is no longer able to weaponise the avaliablility of energy...'
- G7: 'Peace cannot be realised without the complete and unconditional withdrawal of Russian troops and military equipment, and this must be included in any call for peace...We commit to continuing our security assistance to Ukraine as it defends itself against Russia's aggression, tailoring our support to Ukraine's needs.'
- G7: 'We have ensured Ukraine has the budget support it needs for 2023 and early 2024.'
- G7: 'We will broaden our actions to ensure that exports of all items critical to Russia's aggression including those used by Russia on the battlefield are restricted across all our jurisdictions...We will continue to shield agricultural, medical, and humanitarian products from out restrictive measures and make every effort to avoid potential spillover impacts on third countries.'
- The statement shows that the G7 remains on the hard-line side of the argument when it comes to any eventual ceasefire/peace talks, essentially rebuffing any efforts from China, Africa or elsewhere that could be seen as a compromise on territory.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.