G-7 draft statement to tackle Russia's sanction-evading partners
TOKYO -- Representatives from the Group of Seven industrialized nations have begun coordinating positions so leaders this weekend can clearly say in a joint statement they will counter every "attempt to evade sanctions" on Russia, Nikkei has learned.
The declaration is to be issued this weekend after the leaders' summit in Hiroshima, Japan.
Japanese Prime Minister Fumio Kishida, U.S. President Joe Biden and their five G-7 counterparts will discuss measures to prevent Russia from going through third countries to procure supplies that can be used for military purposes.
During the Hiroshima summit, which runs from Friday through Sunday, the leaders will discuss the situation in Ukraine, the combined sanctions against Russia and their support for Ukraine. Ukrainian President Volodymyr Zelenskyy has been invited to attend online.
The joint document will condemn in the strongest possible terms, Russia's invasion of Ukraine and call for the immediate withdrawal of Russian troops.
The leaders also plan to state that any use of or threat to use nuclear weapons will not be tolerated.
Loopholes in sanctions will be one of the summit's key agenda items. More than a year has passed since Russia invaded its neighbor, and concerns are cropping up regarding the efficiency of sanctions being imposed by G-7 nations.
These include restrictions on exports to Russia of some electronic components, semiconductors, military supplies and basic industrial goods. However, analyses show that banned supplies are still flowing into Russia through third countries such as China.
One proposal is to enhance the sharing of information on sanctions-bypassing trade.
The U.S. has effectively banned exports of high-tech products to Chinese companies seen as helping their Russian counterparts evade sanctions. In the European Union, one opinion now gaining ground is that companies acting as conduits for Russia should themselves be sanctioned, perhaps by freezing their funds.
There are also concerns that penalties on third countries will be resented in these countries.
Many challenges remain before sanctions can be imposed on third parties, but a G-7 joint declaration could discourage companies in third countries from getting involved.
Even the G-7's current sanctions against Russia are a patchwork. While members have banned imports of Russian crude oil, they have not embargoed liquefied natural gas from the country. Japan, whose leader is chairing the summit, procures approximately 9% of its liquefied natural gas from Russia.
As Japan says it has nowhere else to turn for LNG, Kishida is in a difficult position when it comes to coming out in favor of stronger sanctions.
The G-7 leaders will also discuss diplomatic and security issues, including nuclear disarmament and deterring nations like China in the Indo-Pacific region.
As chair, Kishida will hold a news conference after the summit to announce what the leaders managed to fit into the joint declaration.
In addition to that statement, an outcome document will be prepared on nuclear disarmament, support for Ukraine, economic security and other issues.
The G-7 is to express its maximum continued support for and solidarity with Ukraine.
Japan is to emphasize nonmilitary contributions to support Ukraine's reconstruction. These contributions are to include power generation equipment and the means to remove land mines from war-affected terrain.
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The rules based world order. Sanctions, export controls and 'international' law on trade/technology and much more decided by the G7 (NATO + Japan) for the whole globe. China or other countries leveling sanctions is called economic coercion. The fucking double standards in the G7 political-media-think tank industrial complex.