- US official: G7 and EU will announce a new initiative aimed at stopping Russia from evading sanctions
Market news
24 March 2022
US official: G7 and EU will announce a new initiative aimed at stopping Russia from evading sanctions
According to a US official, the G7 and EU will announce a new initiative aimed at stopping Russia from evading sanctions, reported Reuters. The G7 and EU will engage with other countries to urge them to adopt similar sanctions against Russia and will make clear that any transaction involving gold related to Russia's central bank is covered by existing sanctions.
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