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Aug 4, 2022

G7 Ministers on energy security

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FA Correspondent
Getty: Vector stock
Getty: Vector stock

The G7– Canada, France, Germany, Italy, Japan, the United Kingdom, the United States of America’s Foreign Ministers and the High Representative of the European Union are steadfast in their condemnation of Russia’s brutal, unprovoked, unjustifiable, and illegal war of aggression against Ukraine.

“We condemn and will not recognise Russia’s continued attempts to re-draw borders by force by violation of international law undermining the international rules-based system,” said G7 ministers in a statement demanding Russia to put an end to war of immediately and unconditionally and withdraw its troops and military equipment from the entire territory of Ukrainian borders.”

“We remain committed to energy and resource diversification and promote competitive, reliable, affordable energy markets that are transparent and adhere to high environmental, social, and governance standards,” said the ministers reiterating their support for an ambitious and expedited global clean energy transition towards net zero by 2050, consistent with a 1.5°C warming limit and implementation of the Glasgow Climate Pact.”

“We remain committed to considering a range of approaches, including options for a comprehensive prohibition of all services that enable transportation of Russian seaborne crude oil and petroleum products globally, unless the oil is purchased at or below a price to be agreed in consultation with international partners. At the same time, we will continue our efforts with partners around the world to make energy savings and efficiency a global priority reaffirming unwavering commitment to support the Government and people of Ukraine in their courageous defence of country’s sovereignty and territorial integrity, and in their fight for a peaceful, prosperous, and democratic future., it added.

The G7 Foreign Ministers and the High Representative of the European Union also reaffirm their commitment to maintaining the rules-based international order, peace and stability across the Taiwan Strait and beyond.”

It is to note here that despite China’s condemnations, the Speaker of the US House of Representatives (Lower House) Ms. Nancy Pelosi has already left Taiwan after concluding her mission trip.

Her trip to Taiwan was focused around the world.