G7 countries plan to announce Thursday that they are instructing a group of ministers to coordinate a response against Central Bank gold transactions as Russia attempts to evade sanctions, Bloomberg reported, citing a draft G7 joint statement.
"We are instructing the relevant ministers in a targeted initiative to monitor full compliance with sanctions and coordinate the response to sanctions evasion actions, including with respect to gold transactions by the Central Bank of Russia," the agency cited excerpts from the document.
Leaders of G7, transfers Bloomberg, intend to declare that will completely follow the sanctions already entered concerning Russia, and also will express readiness to apply additional measures.
In addition, as the agency reports, the G7 countries plan to warn Russia against using chemical or nuclear weapons.
On Thursday, G7 leaders are meeting in Brussels, as well as an extraordinary summit of NATO. In addition, there will be a summit of the European Union on March 24-25.