November 26, 2022

U.S. praises Japan as all G7 members now support financial isolation of some Russian banks

President Joe Biden walks with Japanese Prime Minister Fumio Kishida, Tuesday, November 2, 2021, during the COP26 U.N. Climate Change Conference at the Scottish Event Campus in Glasgow, Scotland. (Official White House Photo by Adam Schultz)
President Joe Biden walks with Japanese Prime Minister Fumio Kishida, Tuesday, November 2, 2021, during the COP26 U.N. Climate Change Conference at the Scottish Event Campus in Glasgow, Scotland. (Official White House Photo by Adam Schultz)

Last updated on August 14th, 2022 at 09:21 am

The United States on Sunday praised the announcement that it will stand with the European Commission, France, Germany, Italy, the United Kingdom, Canada, and the United States to isolate Russia from the international financial system and our economies.

“Following Japan’s announcement, the entire G7 now supports disconnecting selected Russian banks from SWIFT, restrictions on the Russian Central Bank, and sanctioning key Russian leaders, including President Putin,” White House Press Secretary Jen Psaki said in a statement.

White House Press Secretary Jen Psaki holds a press briefing on Thursday, September 23, 2021, in the James S. Brady Press Briefing Room of the White House. (Official White House Photo by Erin Scott)

Psaki added that  “Prime Minister Kishida and the Government of Japan have been leaders in condemning President Putin’s attack on Ukraine and we will continue working closely together to impose further severe costs and make Putin’s war of choice a strategic failure.”

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