G7 members meet virtually as Biden unveils sweeping new US sanctions on Russia

G7 members meet virtually as Biden unveils sweeping new US sanctions on Russia

USA TODAY 

President Joe Biden met with leaders of the Group of Seven nations and Ukrainian President Volodymyr Zelenskyy Friday as his administration announced sweeping new sanctions against Russia one-year into Russian President Vladimir Putin’s invasion of Ukraine

“One year ago, the G7 met following Putin’s assault against Ukraine,” Biden wrote in a tweet. “Now, not only does Ukraine stand, but the global coalition in support of Ukraine is stronger than ever, with the G7 as its anchor.”

The White House said Friday that the United States will impose sanctions on 200 individuals and entities, which include Russian as well as third-country actors in Europe, Asia and the Middle East that are supporting Russia’s war efforts. A dozen Russian financial institutions will also be targeted.

White House press secretary Karine Jean-Pierre said Thursday that the measures will target “key sectors that generate revenue for Putin,” additional Russian banks, Russia’s defense technology industry and actors in third-party countries trying to evade U.S. sanctions…

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