Contents tagged with G7

  • G7 and World Bank urge Ukraine to reinstate illicit enrichment article of Criminal Code

    The Group of Seven and the World Bank have criticized the Constitutional Court of Ukraine’s decision to revoke article 368-2 of the Criminal Code, which deals with illicit enrichment.

    “The recent elimination of the illicit enrichment offence from the criminal code is a serious setback in the fight against corruption in Ukraine. This has weakened the impact of the whole anti-corruption architecture, including the soon to be established High-Anti-Corruption Court, which was expected to rule on a …

  • France: Russia not excluded from G7

    Jean-Pierre Thébault, Ambassador responsible for the preparation of the French presidency in the G7, said that Paris would happily have Russian return to the G-7 under certain conditions. According to him, Russia’s membership was suspended, not discontinued, therefore there it is likely that the old G8 format will be restored in time for the summit in Biarritz, which will take place in August 2019.

    “Russia had never been excluded from the G8. Russia’s participation was only suspended when …

  • Ukraine may receive $8 billion after IMF program is unblocked

    A new program from the IMF will facilitate Ukraine’s access to funding worth $8 billion, which will help maintain a fairly stable hryvnia exchange rate next year, stated by Anders Aslund, an analyst at an American center, the Atlantic Council in an interview with the Ukrainian service of the Voice of America.

    “Most likely, Ukraine will now receive $2 billion from the IMF, as well as $ 2 billion from the EU and the World Bank. The Ukrainian government can sell Eurobonds for additional $2 …

  • Hungary wants to ease Russian sanctions

    In an interview with the Russian channel RT, Hungarian Prime Minister Péter Szijjártó said that he believes that there is a need to discuss anti-Russian sanctions instead of automatically renewing them.  

    At the same time, the head of the Hungarian diplomacy substantiates his position by the fact that the sanctions are allegedly useless.

     “Let’s analyze the facts, did the sanctions help the European economy or the Russian economy or, conversely, helped to put pressure on the Russian economy, …

  • Italian Ambassador confirms his country's support for Ukraine's territorial integrity

    Davide La Cecilia, Ambassador of Italy to Ukraine, confirmed his country's support for Ukraine's sovereignty and territorial integrity at all international platforms.

    He made this statement during his meeting with Olena Zerkal, the Deputy Foreign Minister of Ukraine on European integration, the press service of the Ukrainian Foreign Ministry reported.

    The Italian diplomat was invited to this meeting for explanations in connection with statements by the Italian Interior Minister Matteo Salvini …

  • Ahead of anniversary G7 foreign ministers remind Russia of its role in MH17 air disaster

    The foreign ministries of the Group of Seven (G7) countries have made a statement ahead of the anniversary of the Malaysia Airlines Flight MH17 catastrophe over the Donbas on July 17, 2014. The statement was published by the Canadian Foreign Ministry.

    “We, the G7 foreign ministers, of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States of America, and the High Representative of the European Union, are united in our condemnation, in the strongest possible terms, of the …

  • Canadian Ambassador to Ukraine: return of Russia to G7 is not discussed

    The return of Russia to the G7 has not yet been discussed, stated Canadian Ambassador to Ukraine Roman Waschuk.

    “There are no negotiations because there is no consensus. Other partners have said that they don’t foresee the return of Russia. People may have their own impulsive ideas about it, but nothing is being discussed at the moment,” said Waschuk.

    As was previously reported, before the G7 summit in June, U.S. President Donald Trump said that the G7 should allow Russia back to the …

  • Ukraine's Minister of Internal Affairs presents Donbas 'de-occupation' strategy to G7 ambassadors

    Arsen Avakov, the Minister of Internal Affairs of Ukraine presented to the ambassadors and diplomats of the Group of Seven countries the Donbas "de-occupation" strategy named "Small Steps Mechanism" that was developed by the Interior Ministry, the Ministry's press service reports.

    According to Avakov, this strategy is "an instrument of interaction" of all services: the State Border Guard Service, the State Emergency Service, the National Guard and the National Police of Ukraine.

    "The plan …

  • Merkel not convinced by Trump’s arguments regarding Russia and the G7

    U.S. President Donald Trump’s arguments about Russia returning to the G8 were unconvincing, said German Chancellor Angela Merkel during a broadcast on television station ARD.

    “I cannot say exactly what motivated him (Trump)…Of course, we asked him, but the answer was not convincing,” Merkel said.

    According to her, the American leader said that “Russia plays an important role in matters of war and peace, which, of course, is indisputable,” but in the G7 format are “governments that share …

  • EU rejects Trump’s proposal to bring Russia back into G7

    US President Donald Trump’s proposal to return to the Group of Eight (G8) format, inviting Russia to the negotiations between the seven developed countries as a full-fledged participant, has not found support in the EU.

    Germany, France, Italy and the UK unanimously opposed the motion, advisers to French President Emmanuel Macron told AFP.

    According to them, the European leaders’ stance was agreed upon during talks initiated by France on June 8, the day before the opening of the annual G7 …