Group of wealthy nations considering options to further isolate Moscow over Ukraine warRussia-Ukraine war: latest updatesWhat we know on day 16Western governments are drawing up plans to impose punitive tariffs on Russian trade amid efforts to further isolate Moscow from the global economy after the invasion of Ukraine.In a development aimed at ratcheting up the pressure on Vladimir Putin, the G7 group of wealthy nations is considering options to strip Russia of “most favoured nation” (MFN) status under World Trade Organization (WTO) rules. Continue reading…
Group of wealthy nations considering options to further isolate Moscow over Ukraine war
Western governments are drawing up plans to impose punitive tariffs on Russian trade amid efforts to further isolate Moscow from the global economy after the invasion of Ukraine.
In a development aimed at ratcheting up the pressure on Vladimir Putin, the G7 group of wealthy nations is considering options to strip Russia of “most favoured nation” (MFN) status under World Trade Organization (WTO) rules.