Twelve countries have urged the G7 members to take additional measures to reduce the revenues Russia receives from the sale of energy resources.
This is stated in a joint letter from the Czech Republic, Denmark, Estonia, Finland, Iceland, Ireland, Latvia, Lithuania, Norway, Poland, Romania, Finland, Sweden, and Estonia, as reported by Ukrinform, citing the Estonian Ministry of Foreign Affairs' website.
"The joint letter calls on the G7, a group of leading industrialised nations, to reduce the revenues that Russia is earning from the sale of its energy carriers. With these revenues, Russia is funding its continuing aggression in Ukraine. A third of Russia’s revenues and two thirds of its exports are linked to energy carriers," the statement reads.
It is emphasized that the twelve countries sending the letter consistently advocate for the toughest possible sanctions against Russia.
In their joint statement, they urge the G7 to use a price cap on oil as an effective tool to limit Russian revenues, to impose additional sanctions on vessels involved in Russia's shadow fleet and those associated with it, and to consider further measures targeting the maritime transportation of Russian-origin export goods.
"Russia is using the shadow fleet to fund its war machine. The vessels of the shadow fleet are often old and in poor condition, posing environmental, maritime safety and security risks in Europe and our waters," the statement notes.
