Finance ministers urge full implementation of US-Israel, Iran ceasefire

Finance ministers from countries including the United Kingdom, Japan and Australia on April 15 called on the United States, Israel and Iran to fully implement a ceasefire and warned that renewed conflict could threaten global economic stability.

In a joint statement, the ministers said: “We welcome the recent announcement of a ceasefire… and call on all parties to implement the ceasefire in full,” urging all sides to adhere strictly to the agreement, Caliber.Az reports via foreign media. 

The statement was issued by finance ministers from the United Kingdom, Australia, Japan, Sweden, the Netherlands, Finland, Spain, Norway, the Republic of Ireland, Poland and New Zealand.

They cautioned that “renewed hostilities, a widening of the conflict or continued disruption in the Strait of Hormuz would pose serious additional risks” to energy security and financial stability.

The ministers also emphasised the need for a diplomatic solution, stating that they support “a swift and lasting negotiated resolution” and a return to “free and safe transit through the Strait of Hormuz.”

They added that participating governments would coordinate economic responses and provide support to vulnerable countries affected by the ongoing crisis.

By Sabina Mammadli