WASHINGTON: British Foreign Secretary Liz Truss on Wednesday called on the entire G7 to ban Russia oil imports, saying the world’s leading economies should “go further and faster” in punishing Moscow for invading Ukraine.

Standing alongside US Secretary of State Antony Blinken, Truss also hailed transatlantic unity against Russian aggression, saying the strength of the alliance has “surprised” President Vladimir Putin and that more must be done to assure his invasion fails.

“We must double down on our sanctions. That includes... the G7 ending its use of Russian oil and gas” and implementing a full ban on Russian banks using the SWIFT bank messaging system, Truss said in a joint press conference with Blinken at the State Department in Washington.

“Now is not the time to let up. Putin must fail,” she added.

Published in Dawn, March 10th, 2022

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Geopolitical games
Updated 18 Dec, 2024

Geopolitical games

While Assad may be gone — and not many are mourning the end of his brutal rule — Syria’s future does not look promising.
Polio’s toll
18 Dec, 2024

Polio’s toll

MONDAY’s attacks on polio workers in Karak and Bannu that martyred Constable Irfanullah and wounded two ...
Development expenditure
18 Dec, 2024

Development expenditure

PAKISTAN’S infrastructure development woes are wide and deep. The country must annually spend at least 10pc of its...
Risky slope
Updated 17 Dec, 2024

Risky slope

Inflation likely to see an upward trajectory once high base effect tapers off.
Digital ID bill
Updated 17 Dec, 2024

Digital ID bill

Without privacy safeguards, a centralised digital ID system could be misused for surveillance.
Dangerous revisionism
Updated 17 Dec, 2024

Dangerous revisionism

When hatemongers call for digging up every mosque to see what lies beneath, there is a darker agenda driving matters.