The energy sector will also be banned.
Leaders of the G7 countries decided to ban new investments in “key areas” of the Russian economy. This is stated in a statement by the G7, reports Meduza.
It is noted that the G7 will continue to “disconnect Russian banks from the global financial system.” The statement also announced new sanctions against Russia's military-industrial complex and personal restrictions against members of Russia's elite and their families.
G7 leaders have said they will speed up a plan to reduce dependence on Russian energy, including phasing out Russian coal.
Read also: European Commission urges countries to immediately stop issuing Golden Passports to investors from The Russian Federation and Belarus will be reminded that on April 6 the United States and Great Britain announced a ban on new investments in the Russian economy. It is expected that the European Union may announce such a step in the near future.
All Russian financial instruments have no true value. Ruble pricing is devoid of a market basis. Investors, even domestic ones, either do not want to or cannot work there. “How much investment has Russia lost” , read in the text by Alexander Koshov.
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