Contents tagged with G7
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Medvedev: Response must be prepared for the West's extension of sanctions
Russian Prime Minister Dmitry Medvedev stated at a meeting with the Bureau of the Russian Union of Industrials and Entrepreneurs that the Kremlin was preparing a response for when the West extends sanction against Russia, RBC reported.
Medvedev proposed to extend the food products embargo until the end of next year. According to him, it may give more opportunities for investment planning for Russia’s agricultural business.
"I have ordered proposals to be drawn up to extend the retaliatory …
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Germany considers it unlikely for Russia to return to the G8
According to unnamed sources in a Der Spiegel report, the current format of the G7 is unlikely to be re-expanded to the G8 to include Russia, the Office of the Federal Chancellor of Germany, Angela Merkel, stated, as reported by Deutsche Welle.
"The G8 format is dead," the source in the agency said. Merkel's staff is skeptical that Moscow will be able to fulfill the conditions for their return to the Group of Eight.
According to the journal's information, the US authorities are against the …