G7 summit: Trump and von der Leyen call for tough sanctions against Russia!

G7 summit: Trump and von der Leyen call for tough sanctions against Russia!

The current tensions surrounding the Ukraine conflict continue to be the focus of international diplomacy. On the sidelines of the G7 summit in Canada, US President Donald Trump commented on new sanctions against Russia. Loud radioenneperuhr.de He called on Europe to take the lead and take the first steps towards stricter measures. He left it open whether the USA would follow suit, which unsettled European politics.

Heavy financial burdens due to sanctions

Trump made it clear that implementing sanctions would involve significant costs and would be a burdensome financial matter for the United States. It turns out that European countries are hoping for a clear stance from the USA in order to increase the pressure on Russia. The proposal to lower the price cap for the sale of Russian oil from 60 to 45 US dollars per barrel is a central point. This price cap was introduced in 2022 to regulate the export of Russian oil and will be interpreted more strictly in the future.

EU Commission President Ursula von der Leyen joined in with her own call to tighten sanctions against Russia as part of the G7 deliberations. In her press conference, she emphasized the central role that sanctions will play in bringing Russia to the negotiating table. Loud nau.ch Russia's energy and banking sectors in particular should be the focus.

Sanctions are having an effect

It is noteworthy that the measures taken so far by the G7 and the EU have already had an effect: Russia's revenues from oil and gas have fallen by almost 80 percent since the start of the Ukraine war. This shows that the strategy of the Western states is actually working, although there are still differences in approaches. The US in particular has been hesitant to agree to the proposal to lower the price cap because of concerns about a possible increase in energy prices.

G7 summit and further sanctions

A look back at the G7 summit in May 2023 in Japan shows that new sanctions have already been decided to hit Russia's “war machine”. Tagesschau.de reports a comprehensive sanctions package that includes, among other things, the withdrawal of technologies and services used in the war in Ukraine. The G7 countries are calling for Russia's unconditional withdrawal from Ukraine and have also announced financial support for the country.

The discussion about military support, including the training of fighter jet pilots, shows that Western states are determined to stand up for Ukraine in the long term. Also on the agenda were topics such as foreign and security policy as well as nuclear disarmament and policy towards China.

The current developments make it clear once again that the geopolitical tensions are complex and the actors' scope for action remains limited. The world is looking forward to the G7's next steps and their impact on the conflict in Ukraine and Russia's role on the international stage.