President Joe Biden praised the continued unity of the global alliance confronting Russia, as he and other heads of the Group of Seven leading economies strategized on sustaining their effort to isolate Moscow over its months-long invasion of Ukraine.
As the G-7 leaders sat down for their opening session of the summit on Sunday, they took a light-hearted jab at Putin. Johnson could be heard asking whether he should keep his jacket on, adding, “We all have to show that we’re tougher than Putin.” Canadian Prime Minister Justin Trudeau chimed in to add: “A bare-chested horseback ride.”
Scholz told Biden that the “good message” is that “we all made it to stay united, which Putin never expected,” a reference to Russian President Vladimir Putin, who sent his military across the border into Ukraine“We can’t let this aggression take the form it has and get away with it,” added Biden. Asked whether he thought France and Germany were doing enough, Johnson praised the “huge strides” made by Germany to arm Ukraine and cut imports of Russian gas. He did not mention France.Biden and Scholz agreed on the need for a negotiated end to the Ukraine war, but did not get into specifics on how to achieve it, said a senior Biden administration official, who requested anonymity to reveal details of a private conversation.
The EU has imposed six rounds of sanctions against Russia, the latest one being a ban on 90% of Russian crude oil imports by the end of the year. The measure is aimed at a pillar of the Kremlin’s finances, its oil and gas revenues.Biden and the leaders of Britain, Canada, France, Germany, Italy and Japan, plus the EU, spent Sunday in both formal and informal settings discussing the war’s effects on the global economy, including inflation, and on infrastructure.
Johnson said the ban will “directly hit Russian oligarchs and strike at the heart of Putin’s war machine.” As for the idea of price caps on energy, Michel said, “we want to go into the details, we want to fine-tune ... to make sure we have a clear common understanding of what are the direct effects and what could be the collateral consequences” if such a step were to be taken by the group.
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