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Monday 24 March 2014

U.S., other powers kick Russia out of G8

Obama speaks to 'unity' in G8 decision

The Hague, Netherlands President Barack Obama and other world leaders have decided to end Russia's role in the group of leading industrialized nations, the White House said Monday.

The move to suspend Russia's membership in the G8 is the latest direct response from major countries allied against Russia's annexation of Crimea.

"International law prohibits the acquisition of part or all of another state's territory through coercion or force," the statement said. "To do so violates the principles upon which the international system is built. We condemn the illegal referendum held in Crimea in violation of Ukraine's constitution.

"We also strongly condemn Russia's illegal attempt to annex Crimea in contravention of international law and specific international obligations."

Russian Foreign Minister Sergey Lavrov said earlier in the day that being kicked out of G8 would be no big deal.

"G8 is an informal organization that does not give out any membership cards and, by its definition, cannot remove anyone," he said during a news conference. " All the economic and financial questions are decided in G20, and G8 has the purpose of existence as the forum of dialogue between the leading Western countries and Russia."

Lavrov added that Russia was "not attached to this format and we don't see a great misfortune if it will not gather. Maybe, for a year or two, it will be an experiment for us to see how we live without it."

Ukraine orders Crimea troop withdrawal

In a nod to political and economic reforms, the United States, Britain, Canada, France, Germany, Japan, and Italy added Russia to their group in 1998 -- transforming it from the G7 to the G8.

An aide to British Prime Minister David Cameron confirmed to CNN that a group summit initially planned for June in Sochi, Russia, where the Winter Olympics were just held, is now off.
From BEN Latest News: www.benlatestnews.com
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