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G7 Wants to Align Introduction of Price Cap on Russian Oil with EU Sanctions Timeline

Фото: gettyimages

The G7 countries seek to align introduction of a price cap on Russian oil with the timeline for the implementation of the sixth package of EU sanctions. This is according to a joint statement of the G7 finance ministers released on Friday following the meeting held online, TASS reports. 

"We aim to align implementation with the timeline of related measures within the EUґs sixth sanctions package," the document says.

In addition to that, the G7 finance ministers committed to work on the finalization and implementation of this measure in their own jurisdictions

"We acknowledge that, for the EU, unanimity among the 27 EU Member States is required," according to the document.

 


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