“The Potential Impact of G7’s Proposed Ban on Exports to Russia and Moscow’s Potential Response”

2023-04-23 11:47:10

If the G7 countries impose a complete ban on exports to Russia, then Moscow will respond by withdrawing from the grain deal and stopping imports from Russia of the most sensitive goods for the G7. About it wrote Deputy Chairman of the Russian Security Council Dmitry Medvedev in his Telegram channel.

“The idea of ​​the idiots from the G7 about a total ban on the export of goods to our country by default is wonderful in that it also implies a counter cessation of imports of goods from our country in the most sensitive categories for the G7. In this case, the grain deal will end for them and much more that they need, ”he wrote.

Earlier, the G7 agriculture ministers called for the full implementation, extension and expansion of the grain deal.

On April 20, Bloomberg reported that the G7 countries are considering imposing a near total ban on exports to Russia. The interlocutors of the agency explained that officials of the G7 countries are discussing this idea ahead of their summit on May 19-21 in Japan. If the G7 approves the corresponding decision, similar measures will be introduced by the member states of the European Union. Now, by default, export is allowed, and restrictions apply only to certain products.

On April 21, TASS, citing a high-ranking EU representative, clarified that there had not yet been a discussion in the G7 on a complete ban on exports. “This is an idea that has been around for a while but was not discussed at the G7 ministerial meeting in Japan,” he said.

On the same day, the press secretary of the President of the Russian Federation, Dmitry Peskov, said that steps to completely ban the export of goods to Russia could only lead to “an increase in the trend of the global economic crisis.” The Kremlin said it was monitoring discussions of such a ban “carefully.”

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