G7 Slams Russia Over Ukraine Aggression

Published on 5.24.25

  The G7 has reaffirmed its commitment to pressuring Russia over its ongoing aggression in Ukraine, with finance ministers and central bank governors from the group meeting in Banff, Alberta, Canada. The gathering marked a significant moment in diplomatic efforts to end the conflict between Russia and Ukraine. The G7 communique issued after the meeting condemned Russia's "brutal war" in Ukraine and stated that any entity supporting Russia would be barred from participating in Ukrainian reconstruction contracts. This move is a significant escalation of pressure on Russia, which has been met with resistance from some quarters, including Washington's reluctance to refer to Russia's actions as illegal. Ukrainian Finance Minister Sergii Marchenko and UK Finance Minister Rachel Reeves reiterated the need for sustained pressure on Russia's war machine during their meeting in Banff. The G7's stance on Russian aggression is a key aspect of its broader agenda, which includes addressing global instability and finding consensus amidst chaos.

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