Don’t miss the latest developments in business and finance.

Canada warns Russia, says G8 membership at risk

Image
AFP Ottawa
Last Updated : Mar 04 2014 | 3:55 AM IST
Canada's Prime Minister Stephen Harper has warned that Russia could be stripped of its membership in the Group of Eight industrialized nations if it doesn't reverse course in Ukraine.
The move is being considered by Canada and other G8 members as part of a basket of sanctions targeting Russia over its military intervention in the Crimea region of Ukraine.
On Sunday, the group withdrew from preparations for June's G8 summit in Sochi to protest against what they see as Russia's violation of Ukraine's sovereignty.
"(Russian) President (Vladimir) Putin's action has put his country on a course of diplomatic and economic isolation, and that could well see Russia exit the G8 entirely," Harper said yesterday.
Earlier, Harper spoke by telephone with his Ukrainian counterpart, Arseniy Yatsenyuk, pledging Canada's support and assistance "during this important period of transition, including related to the upcoming elections."
Canada's parliament meanwhile unanimously passed a motion to "strongly condemn Russia's provocative military intervention in Ukraine," and urged Russia to withdraw its troops.
Canada was the first Western nation to recognize an independent Ukraine in 1991.
Canada has a large Ukrainian community, there are 1.2 million Canadians of Ukrainian descent, according to the latest census.

Also Read

First Published: Mar 04 2014 | 3:55 AM IST

Next Story