“We note with deep concern the burden this places on households, especially low-income households, as well as on business and industry, especially in European countries.“, continue the ministers of the United States, Germany, Great Britain, France, Italy, Japan and Canada.
“We also recognize that rising prices will be felt most harshly in developing countries that are net importers of energy and whose financial resources are already depleted.“, they point out.
Since its outbreak on February 24, the Russian military intervention in Ukraine has been causing concern in world markets. The prices of gas and oil, of which Russia is a major supplier, have soared.
It is necessary to consider effective measures in order to stop the increase in the price of gas
“We agree to follow developments closely in order to take further concerted action if necessary, including by working with Indonesia, which holds the G20 Presidency.“, assures the G7, chaired this year by Germany.
“It is necessary to consider effective measures in order to stop the increase in the price of gas“, they specify.