The US has proposed that the G7 countries confiscate frozen assets of the aggressor country of russia, as well as impose 100% tariffs on China and India for purchasing russian oil.
Bloomberg reported this with reference to its own sources.
Washington is proposing that other G7 members develop a legal mechanism that would allow them to confiscate russian assets. The bulk of these funds are proposed to be used to finance Ukraine's defense.
The agency recalls that Western countries have frozen about USD 300 billion in russian assets. Most of them are located in the European Union. Russian assets, or rather the profits from them, are already being used to provide assistance to Ukraine.
Bloomberg writes that the document sent by the US to the G7 countries also proposes to impose secondary tariffs on goods from China and India. These countries buy the most russian oil, financing russia's wars against Ukraine.
As Ukrainian News Agency earlier reported, today, September 12, Japan and the United Kingdom imposed new sanctions against russia. More than 100 legal entities and individuals, as well as 70 vessels from the shadow fleet, were subject to restrictions.
The day before, Bloomberg reported that attacks by Ukrainian UAVs and Western sanctions did not prevent russia from increasing oil exports.
Moreover, it was previously reported that, despite numerous restrictions, russia has increased the number of vessels in its shadow fleet.
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