G7 countries promise to support Ukraine financially and tighten sanctions against Russia

We “will broaden our actions to ensure that exports of all items critical to Russia’s aggression, including those used by Russia on the battlefield, are restricted.”On Friday, the heads of the richest democracies in the world decided to impose tougher sanctions on Russia and promised to provide financial aid to Ukraine in its struggle against the Russian invasion.”We will expand our efforts to ensure that exports of all goods essential to Russia’s aggression, including those used by Russia on the battlefield, are restricted across all of our jurisdictions, including exports of industrial machinery, tools, and other technology that Russia uses to reassemble its war machine.””We will specifically target those working in these key industries, including business services, manufacturing, construction, and transportation.”

“We will continue to take appropriate steps to limit Russia’s energy revenue and future extractive capabilities, building on the measures we have taken so far, including export bans and the price cap for seaborne Russian-origin crude oil and refined oil products, in order to reduce Russia’s ability to fund its illegal aggression.”
“We will work to support nations looking to diversify their supplies while further reducing our reliance on civil nuclear and related products from Russia.””We’ll keep working to lessen Russia’s metals revenue as well.”