WASHINGTON, May 19. /TASS/. The Group of Seven (G7) will decide at its summit in Hiroshima, Japan, to restrict Russia's access to the global financial system, reduce dependence on its energy sources, freeze its assets in the West and take a number of other measures against Moscow in connection with its special military operation in Ukraine, a senior US administration official said at a special telephone briefing for journalists in connection with US President Joe Biden's participation in the G7 conference.
According to the official, the G7 intends to block previously frozen Russian assets until Moscow ends its special military operation.
"You’ll see, one, some significant efforts to further disrupt Russia’s ability to source inputs for its war (special military operation - TASS). Two, you’ll see efforts to close evasion loopholes. Three, you’ll see further steps to reduce reliance on Russian energy. Four, you’ll see continued efforts to squeeze Russia’s access to the international financial system. And, five, you’ll see an ongoing commitment to keep Russia’s sovereign assets immobilized until the end of the war," the official said.