US President Joe Biden announced this Sunday that the G-7, whose leaders are meeting in Germany starting today, will announce the Russian gold import ban Among the measures aimed at sanctioning the Kremlin is the invasion of Ukraine by that country.
Biden said on Twitter that “together with the G7 we will announce that we ban the import of Russian gold, a major import generating tens of billions of dollars to Russia”.
The American president added that “the United States has imposed unprecedented costs against Putin to deprive him of the income he needs to finance his war against Ukraine”.
The purpose of the summit is to extend the sanctions already imposed by UK, USA, Japan and CanadaBritish sources indicated for their part, according to which Prime Minister Boris Johnson will try to convince the rest of the G7 – that is, including the partners of the European Union (EU), Germany, France and Italy – to join that step.
Johnson considers that “a direct blow must be dealt to the Russian oligarchs”, touch “the heart of the arms industry” of President Vladimir Putin and choke his sources of financing.
In this context, the British government announced this Sunday that it will prohibit the import of new Russian gold worth 13.5 billion pounds (16.6 billion dollars). London noted that gold is Russia’s biggest export after energy, contributing 12.6 billion pounds ($15.46 billion) to the Russian economy in 2021.
The delegations of the three EU partners present in Elmau, the Bavarian castle where the summit is held, are already addressing this possible extension of the sanctions with regard to gold, although at the moment there are no decisions in this regard, sources indicated. Germans.
Neither does Berlin consider that Germany should assume a leadership role, within the EU bloc, regarding the war in Ukraine, as is apparently being proposed by the White House.
Scholz’s purpose is to “seek consensus”, rather than assume leadership, both within the G7 and in the meetings to which the leaders of the five countries invited to the summit will join tomorrow -India, Indonesia, South Africa, Senegal and Argentina-, the latter representing all of Latin America and the Caribbean.
Attack on Kyiv
Russia bombed a residential neighborhood in kyiv on Sunday, the Ukrainian capital, hours before the start of the G7 summit in Germany. Four explosions were recorded around 06:30 (03:30 GMT) in kyiv and hit a residential complex. near the center, causing a major fire, according to AFP journalists present at the scene.
At least two people were hospitalized, the mayor of the Ukrainian capital, Vitaly Klitschko, said on Telegram, specifying that there were people “under the rubble”, so the balance could worsen. It is about “intimidating the Ukrainians (…) in view of the proximity of the NATO summit”, which will take place in Madrid from June 28 to 30, Klistchko declared.
The Ukrainian capital has not registered Russian attacks since the beginning of June and those on Sunday occur before the start of the G7 summit in southern Germany and a few days before the NATO summit in Madrid next week.
(With information from EFE)
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