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G7 leaders: Future sanctions hinge on Russia's 'good faith efforts' during peace talks

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G7 leaders: Future sanctions hinge on Russia's 'good faith efforts' during peace talks
Illustrative purposes only: The flag of the Group of Seven (G-7) counties and the European Union (EU) outside the media center for the G-7 leaders summit in Hiroshima, Japan, on Friday, May 19, 2023. (Kiyoshi Ota/Bloomberg via Getty Images)

The Group of Seven (G7) countries agreed to link any future tightening of sanctions against Russia to the progress of upcoming peace negotiations, after a meeting on Feb. 15.

The G7 ministers convened at the Munich Security Conference, which is ongoing from Feb. 14 until Feb. 16.

Foreign Minister Andrii Sybiha participated in some of the talks held by the ministers.

The group emphasized in a statement that any new sanctions after February 2025 should depend on whether Russia “makes real, good faith efforts to end its war against Ukraine.”

They also reaffirmed their “unwavering support” for Ukraine’s sovereignty and territorial integrity.

Since the start of Russia's full-scale invasion of Ukraine, G7 countries have collectively supported Ukraine with military and financial aid.

In October 2024, the G7 reached an agreement to provide Ukraine with approximately $50 billion in loans backed by the revenue from foreign Russian assets.

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Sonya Bandouil

North American news editor

Sonya Bandouil is a North American news editor for The Kyiv Independent. She previously worked in the fields of cybersecurity and translating, and she also edited for various journals in NYC. Sonya has a Master’s degree in Global Affairs from New York University, and a Bachelor’s degree in Music from the University of Houston, in Texas.

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