G7 finance ministers meet to discuss increasing pressure on Russia
- On September 12, 2025, Ottawa convened a virtual gathering of G7 finance leaders to explore additional strategies for increasing pressure on Russia.
- The meeting followed Russia's escalation of the conflict after a drone incursion into Polish airspace on the preceding Wednesday.
- Finance ministers examined economic actions to limit Russia's war machinery and targeted nations perceived to support Russia's military efforts.
- John Fragos stated that the G7 members stand together in condemning Russia's unlawful and unwarranted military actions in Ukraine, while Mark Carney emphasized the need to continue applying strong pressure on Moscow.
- The meeting highlighted the G7's dedication to applying economic measures, such as possible sanctions and tariffs, to pressure Russia into ending its military actions.
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G7 Finance Ministers Contemplate New Sanctions Amid Ukraine Conflict
G7 Finance Ministers Contemplate New Sanctions Amid Ukraine Conflict The finance ministers of the Group of Seven (G7) nations convened on Friday to explore potential economic penalties against countries allegedly aiding Russia in its ongoing military endeavors in Ukraine. A statement from Canada's finance ministry revealed that strategies such as additional sanctions and tariffs are under consideration.Canada, leading the current G7 presidency, …
G7 finance ministers meet to discuss increasing pressure on Russia (Canada)
Canada hosted a virtual meeting of G7 finance ministers today to discuss further measures to increase the pressure on Russia. John Fragos, press secretary for the minister of finance and national revenue, says the group also talked about ways to limit Russia's "war machinery." Fragos says ...
Canada convened a meeting of finance ministers of the “Group of Seven” countries to find ways to increase pressure on Russia's military economy. — Ukrinform.
Canada currently holds the G7 rotational presidency
The finance ministers of the leading G7 economies will discuss the US proposal for tariffs on India and China, which continue to buy oil from Russia.
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