[QODLink]
Americas

US says G7 open to more Russia sanctions

Strong support within the G7 on increasing sanctions against Russia if it escalates crisis in Ukraine, official says.

Last updated: 12 Apr 2014 02:29
Email Article
Print Article
Share article
Send Feedback
The G7 includes the United States, Canada, France, Germany, Italy, Japan and Great Britain [AP]

A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, US Treasury Secretary Jack Lew has said.

"There is broad and strong unity within the G7 on increasing sanctions and costs in response to escalating action from Russia," Lew said at a news conference, referring to the Group of Seven industrial nations.

The G7 includes the United States, Canada, France, Germany, Italy, Japan and Great Britain. Top officials from the group met in Washington on Thursday and discussed the situation in Ukraine at length, Lew said.

"In a discussion that went on for quite a long time in the room, there was no dissent in the room that it was essential that there be unity in taking action if necessary," he said.

Finance ministers and central bankers from around the world are in Washington for the spring meetings of the International Monetary Fund, according to a Reuters news agency report.

The United States and Europe have enacted sanctions against Russia in response to Moscow's annexation of Crimea, which until recently was part of Ukraine.

173

Source:
Reuters
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Featured
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.