G7 Summit + Eleventh Sanctions Package + France Prevents Red • Europe.Table

G7 Summit in Japan: How do we deal with China and Russia?

A year ago at Schloss Elmau the G7 meeting was all about gold, this weekend in Hiroshima, Japan it will be Discussing the trade ban on Russian diamonds. Within the EU, Belgium through its commercial hub of Antwerp has so far blocked embargoes and pushed for a solution at the G7 level. One EU diplomat said one is about to find a way here. The key is the rough diamond “tracking” system. Without traceability, Russian diamonds could be sold through other trading venues, particularly in India.

single diamond An important source of income for Russia. In order to cut these off, the entire retail chain must be kept in mind and better techniques developed to monitor it. The G7 leaders are expected to discuss progress on sanctions against Russian diamonds in the final statement.

The Europeans also want to attend the G7 summit The Ukraine Peace Summit, scheduled for mid-July, will be discussed in Denmark It’s planned. The basis should be the ten points of Volodymyr Zelensky’s peace plan. The Europeans see the summit not least as a reaction to the controversial Chinese initiatives for a peaceful solution. However, it is questionable whether the peace summit would not have come so soon given the current state of conflict.