“The European Union bans the import of Russian gold,” diplomats told AFP.

In the middle of last month, U.S. President Joe Biden pointed out that “the United States has imposed unprecedented costs on Russian President Vladimir Putin to deprive him of the income he needs to finance the war against Ukraine” and explained that “together we will announce that the G7 “said that we will ban the import of Russian gold, which is the main export commodity that brings Russia tens of billions of dollars.”

In the same context, a US administration official noted that “the steps taken on gold are a very important example of steps that the G7 can take to isolate Russia from the world economy”, adding that “these are the main exports.” , main source of income and alternative. It is of key importance to Russia in terms of its ability to transact in the global financial system, and this move limits that ability.”