G7 FMs remain committed to fully enforcing sanctions on Russia

G7 foreign ministers remain committed to fully implementing and enforcing sanctions on Russia and adopting new measures as necessary.

“We will continue to counter, in close cooperation with third countries, any attempts to evade and circumvent our sanctions and export restrictions. We call on financial institutions to refrain from supporting Russia’s defense industrial base and we will take appropriate steps, consistent with our legal systems, to disrupt and deter this behavior. We will impose additional sanctions on companies and individuals in third countries who help Russia acquire tools and other equipment that aid Russian weapons production or military-industrial development. We will continue to apply significant pressure on Russian revenues from energy and other sectors,” Caliber.Az reports citing a joint statement of G7 foreign ministers following the meeting in Italy.