Liz Truss urges NATO and G7 partners to ban Russian ships and set timetable for oil and gas exit
April 6, 2022, 8:10 am

Liz Truss urges NATO and G7 partners to ban Russian ships and set timetable for oil and gas exit

Liz Truss-Foreign Ministe/Foreign Commonwealth and Development official Facebook page

The US News reported, citing Reuters, Britain urged G7 and NATO nations on Tuesday to ban Russian ships from their ports, agree a timetable to phase out oil and gas imports from Russia, and further tighten sanctions on banks and key industries.

Speaking in Poland ahead of a meeting of NATO and G7 countries later this week, British Foreign Secretary Liz Truss said: "On Thursday, I will be urging our NATO and G7 partners to go further in sanctions by joining us in banning Russian ships from our ports, cracking down on more Russian banks, going after industries that are filling Putin’s war chest like gold, and agreeing a clear timetable to eliminate imports of Russian oil, coal and gas."

In response to the invasion of Ukraine, Britain and international allies have already sanctioned Russian banks and wealthy elites and taken steps to cut Moscow off from the international financial system.

The photo expresses what Russia means by the so called "Special Operation" in Ukraine (File photo: Euromaidan Press)

The reported pointed out that Russian ships have already been banned from British ports.

Earlier, the European Commission proposed sweeping new sanctions against Russia including banning coal imports and preventing Russian vessels and trucks from accessing the bloc.

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Truss said existing sanctions had frozen $350 billion of Russian money and made over 60% of its foreign currency reserves unavailable.

Truss said: "Our coordinated sanctions are pushing the Russian economy back to the Soviet era."

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Speaking alongside Polish foreign minister Zbigniew Rau, Truss also said the two countries had agreed to step up sanctions and the supply of weapons to Ukraine. Britain did not immediately provide further details.

Source: usnews

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Upon arriving to participate in the summit of the European Political Community, which includes around forty heads of state in Budapest, he said, "I look forward to sitting with the elected U.S. president and seeing how we will collectively ensure we meet challenges, including the threats from Russia and North Korea." He also noted that the strengthening of ties between Russia and North Korea poses a threat to the United States as well, according to reports from Agence France-Presse.

Before Trump's victory, Rutte expressed confidence that a united Washington would remain part of the defensive alliance, even if Trump became the 47th president of the United States. In an interview with German public broadcaster ZDF last Monday night, he stated that both Republicans and Democrats understand that NATO serves not only the security of Europe but also that of America. He added that both candidates are aware that the security of the United States is closely tied to NATO.

On Wednesday, NATO congratulated Trump on his victory but did not address the Ukrainian issue.

It is noteworthy that the relationship between the elected U.S. president and the defense alliance was not the best during his first term in the White House. Trump criticized NATO member states multiple times and even hinted at withdrawing from the alliance unless they increased their financial contributions.

Additionally, the issue of the Russian-Ukrainian war is one of the matters that complicate relations between the two sides, especially since Trump has repeatedly stated that he can end this ongoing conflict, which began in 2022, quickly. He implied that he had a peace plan between Kyiv and Moscow, while his vice president, JD Vance, revealed aspects of that plan, which stipulated Ukraine's commitment not to join NATO, thereby sending reassuring signals to the Russians.

Furthermore, many NATO member states in Europe fear that Trump might halt military aid to Ukraine after he previously criticized the U.S. for pouring funds into supporting Ukrainian President Volodymyr Zelensky.