This is stated in a joint statement of the G7 countries, which appeared on February 14.

"We, the G7 finance ministers, emphasize our readiness to act swiftly and decisively to support the Ukrainian economy, as well as to support the ongoing efforts to urgently identify a diplomatic path to de-escalation", - was informed in the statement.

Read also: Russia continues to increase troops in the occupied Crimea, Belarus and near the borders of Ukraine - Maxar

It is noted that the priority of the G7 countries is to de-escalate the situation in Ukraine. The document states that the states are ready to collectively impose economic and financial sanctions that will have far-reaching consequences for the Russian economy if the Kremlin intensifies hostilities against Ukraine: "Any further military aggression by Russia against Ukraine will meet quickly, coordinated and forceful".

According to the G7 finance ministers, they are monitoring the situation and will be ready to act in a coordinated manner to provide economic and financial support to Ukraine as soon as possible.

What is known

• The EU has agreed on a series of sanctions that will be applied quickly if Russia's military aggression against Ukraine intensifies. Sanctions will not be imposed in advance, because they are a warning to Russia.
• The Prime Minister of the United Kingdom Boris Johnson and the President of France Emmanuel Macron discussed the situation around Ukraine by telephone and agreed to work together on new sanctions against Russia.

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