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geek tragedy

(68,868 posts)
Sun Mar 2, 2014, 09:44 PM Mar 2014

G-7 Leaders Condemn Russia In Scathing Statement

Source: Business Insider

We, the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States and the President of the European Council and President of the European Commission, join together today to condemn the Russian Federation’s clear violation of the sovereignty and territorial integrity of Ukraine, in contravention of Russia’s obligations under the UN Charter and its 1997 basing agreement with Ukraine. We call on Russia to address any ongoing security or human rights concerns that it has with Ukraine through direct negotiations, and/or via international observation or mediation under the auspices of the UN or the Organization for Security and Cooperation in Europe. We stand ready to assist with these efforts.

We also call on all parties concerned to behave with the greatest extent of self-restraint and responsibility, and to decrease the tensions.

We note that Russia’s actions in Ukraine also contravene the principles and values on which the G-7 and the G-8 operate. As such, we have decided for the time being to suspend our participation in activities associated with the preparation of the scheduled G-8 Summit in Sochi in June, until the environment comes back where the G-8 is able to have meaningful discussion.

We are united in supporting Ukraine’s sovereignty and territorial integrity, and its right to choose its own future. We commit ourselves to support Ukraine in its efforts to restore unity, stability, and political and economic health to the country. To that end, we will support Ukraine’s work with the International Monetary Fund to negotiate a new program and to implement needed reforms. IMF support will be critical in unlocking additional assistance from the World Bank, other international financial institutions, the EU, and bilateral sources.




Read more: http://www.businessinsider.com/g-7-statement-condemning-russia-on-ukraine-2014-3



Immediate economic sanctions will be less uniform, but Russia's facing isolation of a very painful kind.
12 replies = new reply since forum marked as read
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G-7 Leaders Condemn Russia In Scathing Statement (Original Post) geek tragedy Mar 2014 OP
Smack that Russian bear!! RobertEarl Mar 2014 #1
We'll huff ... and we'll puff ... and we'll issue a scathing statement. n/t cosmicone Mar 2014 #2
Diplomatic blather pscot Mar 2014 #3
It's a shame people don't recognize how significant this is. What the oligarchs who keep Putin okaawhatever Mar 2014 #4
exactly... iamthebandfanman Mar 2014 #5
good. the more they blab, the less likely they are to do anything. nt magical thyme Mar 2014 #6
Getting booted from the g-8 is good for geek tragedy Mar 2014 #7
have they been booted? didn't see that in the article. magical thyme Mar 2014 #8
They weren't particularly subtle: geek tragedy Mar 2014 #9
meh. there's plenty of time before June. nt magical thyme Mar 2014 #10
Stop all business with the Russian Federation -- every nickel oldandhappy Mar 2014 #11
Not worth a bucket of warm spit. nt bemildred Mar 2014 #12

okaawhatever

(9,453 posts)
4. It's a shame people don't recognize how significant this is. What the oligarchs who keep Putin
Sun Mar 2, 2014, 10:35 PM
Mar 2014

in power hear is "no foreign capital investment in Russia", "higher interest rates", "if I upgrade my manufacturing plant now and sanctions take effect I'll be screwed, I'd better wait". And what Putin knows is that any kind of sanctions or capital flight will hurt the economy and by extension his popularity. There were massive protests during his last election. One of the reasons for the military show in the Crimea was to boost his popularity. If the G-7 countries can hold together that will tank.

I can't believe they got Germany to go along. Germany is dependent on Russia for gas and many of the German oligarchs have sweet deals with the Nord Stream/Russia pipeline thanks to former Chancellor Schroder. I don't know if she's bucking people in her country to join the protest or not.

iamthebandfanman

(8,127 posts)
5. exactly...
Sun Mar 2, 2014, 11:51 PM
Mar 2014

and now they will feel what the rest of the world can do without firing a shot.

welcome back to the cold war Russia, weve missed you so much.

time to twist until the bread line forms again.

 

magical thyme

(14,881 posts)
8. have they been booted? didn't see that in the article.
Sun Mar 2, 2014, 11:57 PM
Mar 2014

I saw a lot of huffing and puffing. And something about the IMF helping the Ukraine.

Nothing about booting Russia. Nothing even about any kind of sanctions. Just a lot of hot air. And to me, the louder they squeal, the less likely they are to do anything.

Winter is not yet over.

 

geek tragedy

(68,868 posts)
9. They weren't particularly subtle:
Mon Mar 3, 2014, 12:02 AM
Mar 2014
We note that Russia’s actions in Ukraine also contravene the principles and values on which the G-7 and the G-8 operate. As such, we have decided for the time being to suspend our participation in activities associated with the preparation of the scheduled G-8 Summit in Sochi in June, until the environment comes back where the G-8 is able to have meaningful discussion.

oldandhappy

(6,719 posts)
11. Stop all business with the Russian Federation -- every nickel
Mon Mar 3, 2014, 01:52 AM
Mar 2014

We may need to help each other to do that and I support that. Stop all trade with Russia. Freeze all funds. And cancel the G-8. Putin cares about show. Do not show up.

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