A meeting of the leaders of Great Britain, Germany, Italy, Canada, the U.S., France, and Japan starts today in Quebec. It will last until June 9.
Russia was expelled from the G8 after Crimea’s annexation in 2014.
On June 6, Angela Merkel, the Chancellor of Germany, stated that there were no reasons to return Russia to G8.
“Trump is scheduled to leave early on Saturday for Singapore to prepare for a summit with North Korean leader Kim Jong Un on Tuesday,” the news agency reports.
As we reported earlier, Vladimir Putin, the President of Russia, signed a law on sanctions against the U.S. and other foreign states hostile acts. This law provides Russian Government with an opportunity to impose response limits against the “hostile” states or organizations under the order of Russia’s President.
As it was reported earlier, the EU has officially extended the sanctions against 150 Russian citizens and 38 Russian companies in March till September 15, 2018.
These sanctions limit the access to the primary and secondary markets of the EU capital for five Russian financial institutions with state’s majority share within the registered capital and its subsidiaries, which perform beyond the EU, for three large Russian energy companies, and for three defense firms. Besides, export and import of the weapon are banned along with the export of dual-use goods for the military needs or for the Russian army.
Russia has a restricted access to some technologies and service on the exploration and production of oil.