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G7 Rejects Russia’s Demand To Pay for Gas in Rubles

by Georgia Today
March 28, 2022
in Business & Economy, Highlights, International
Reading Time: 1 min read
G7 Rejects Russia’s Demand To Pay for Gas in Rubles

Germany’s energy minister says the Group of Seven major economies have agreed to reject Moscow’s demand to pay for Russian natural gas exports in Rubles.

Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts.” He said officials from France, Germany, Italy, Japan, the United States, the United Kingdom and Canada met Friday to coordinate their position and that European Union representatives also were present.

Last week, Russian President Vladimir Putin demanded that “unfriendly” countries pay for oil and gas in Rubles.

The G7 are the world’s leading economies, including Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. All these countries are included in the “list of unfriendly countries” by Russia.

By Ana Dumbadze

Image: Shutterstock

Tags: G7G7 CountriesRussian Gas
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