G7 threatens sanctions on Russia if it rejects ceasefire

Reuters reported the information.

Diplomats from the Group of Seven (G7) nations reached an agreement on a joint statement on Friday, aiming to display unity after weeks of tension between U.S. allies and President Donald Trump over his shifts in Western trade, security, and Ukraine policies, according to three G7 officials.

The diplomats stated that the joint statement, covering global geopolitical issues, still required final approval from ministers before their meeting concludes on Friday morning.

However, in the lead-up to Canada’s first G7 summit as president, crafting a final statement proved challenging due to disputes over Ukraine, the Middle East, and U.S. efforts to strengthen wording on China.

G7 officials emphasized the need to demonstrate Western unity, particularly in efforts to negotiate a ceasefire between Ukraine and Russia.

In the final draft, "security guarantees" were replaced with "assurances" to facilitate a truce, though Russia was warned of further sanctions, including oil price caps, if it failed to follow Kyiv’s lead.

G7 members called for Russia to reciprocate by agreeing to a ceasefire on equal terms and implementing it fully.

"They emphasized that any ceasefire must be respected and underscored the need for robust and credible security arrangements to ensure that Ukraine can deter and defend against any renewed acts of aggression," the draft stated, referring to Ukraine’s territorial integrity.

Washington sought to set clear boundaries on Ukraine-related language to avoid harming its ongoing negotiations with Russia. The U.S. also opposed a separate declaration aimed at restricting Russia’s "shadow fleet", a clandestine shipping network used to evade sanctions, while simultaneously pushing for stronger language regarding China.