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CNN: G7 foreign ministers to impose economic costs on Russia for annexation of Ukrainian oblasts

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The G7 foreign ministers of the U.S., Canada, France, Germany, Italy, the U.K., Japan, and the EU High Representative said they will “never recognize these purported annexations, nor the sham ‘referenda’ conducted at gunpoint,” reports CNN. The joint statement said new economic costs will be imposed on those who provide “political or economic support” to Russia’s recent actions.

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We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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