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G7 countries will refuse to buy Russian gold

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US President Joe Biden said that the G7 countries will refuse to purchase Russian gold, which they will announce together.

Information about this appeared on the American leader’s page on the social network Twitter. There is an opinion that this will deprive Russia of tens of billions of dollars.

The G7 members intend to announce their decision collectively, MIA reports.

The sale of gold for export brings Russia tens of billions of dollars, Biden believes.

From the details it is known that the new idea with the next sanctions will not affect the acquired assets.

This year the G7 summit takes place from June 26 to 28 under the German presidency.

Elmau Castle in Bavaria was chosen for the meeting of the organization’s leaders.

Representatives of Senegal, South Africa, Argentina, India, and Indonesia are invited to the summit.

Ukrainian leader Vladimir Zelensky is expected to address the assembled politicians, but only via video conferencing.

Let us recall that the media have repeatedly noted in their publications that the latest packages of anti-Russian sanctions had a greater impact on Western countries, while Russia’s income from the sale of energy resources only increased.

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Vadim M
I'm Vadim, an author of articles about useful life hacks. I share smart tips with readers that help improve their daily lives.