Categories: Business

Russia faces consequences if Ukraine invaded – Truss

Foreign Secretary Liz Truss has warned Russia it will face “severe economic consequences” if it invades Ukraine.

She said G7 unfamiliar priests meeting in Liverpool this end of the week would put on an act of solidarity and take clear such an action would be a “essential misstep”.Ms Truss said the UK and its partners needed to “hinder Russia from going in that direction”.Strains are developing as Moscow hoards troops on Ukraine’s boundary – yet the Kremlin has denied it intends to attack.Emphasizing past alerts from the US and its partners, Ms Truss said the G7 “will totally be solid in our position against hostility… concerning Ukraine”.She added: “If Russia somehow managed to make that move, it would be an essential misstep, and there will be serious ramifications for Russia.Ukraine imparts boundaries to both the EU and Russia, yet as a previous Soviet republic it has profound social and social binds with Russia.Be that as it may, Russia has blamed Ukraine for incitement, and looked for ensures against toward the east Nato extension and sending of weapons near its line.In front of the G7 meeting, Ms Truss held discussions with Ukrainian unfamiliar priest Dmytro Kuleba in London.Inquired as to whether she could preclude a tactical reaction to Russian animosity, Ms Truss said the UK was working with Ukraine on “guard and security capability”.”We are giving them support,” she said. “We are additionally attempting to assist them with their energy flexibility. So they’re not exclusively subject to Russian energy supplies. What’s more that is the way eventually that we will assist with supporting Ukraine.”Ms Truss said the UK and EU were attempting to guarantee Western economies were less reliant upon Russian energy.The unfamiliar secretary said the Nord Stream 2 gas pipeline among Germany and Russia would be “an issue” in the event that Russia attacked Ukraine.It would be an issue to examine with her new German partner at the G7 talks.Ms Truss said: “We totally need to diminish reliance on Russian gas and energy. What’s more this ought to be important for a general procedure of decreasing reliance on non market economies, diminishing reliance on insult entertainers, and ensuring that the free world can have that essential autonomy it needs to get by and flourish.”US President Joe Biden and Russian President Vladimir Putin on Tuesday held a virtual highest point pointed toward lessening strains in the area. Mr Biden said he had made it clear to Mr Putin that there would be “monetary outcomes like none he’s consistently seen” assuming he attacked Ukraine.

Kevin Shawe

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Kevin Shawe
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