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German finance minister optimistic that G7 can agree joint communique on Ukraine support

German finance minister optimistic that G7 can agree joint communique on Ukraine support
Joachim Nagel (L), President of the Deutsche Bundesbank and Lars Klingbeil, Federal Minister of Finance and Vice Chancellor of Germany listen to a reporters question at a press briefing during the G7 Finance Ministers and Central Bank Governors’ Meeting in Canada on May 22, 2025. (AFP)
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Updated 22 May 2025

German finance minister optimistic that G7 can agree joint communique on Ukraine support

German finance minister optimistic that G7 can agree joint communique on Ukraine support
  • “I am very positive that we will also reach a joint communique,” Klingbeil said
  • If Russia is not prepared to enter into serious negotiations with Ukraine, “we will consider further sanctions“

BANFF, Canada: German Finance Minister Lars Klingbeil on Thursday said he was optimistic that the Group of Seven advanced economies could agree a joint communique showing support for Ukraine, amid a rift between the US and the rest of the G7 on the issue.

Sources earlier said it was unclear whether the delegations at G7 finance ministers’ consultations in Canada could agree on joint language, with one European source saying that US officials wanted to delete language describing Russia’s invasion of Ukraine as “illegal.”

“I am very positive that we will also reach a joint communique,” Klingbeil said at a press conference in Banff, adding that if Russia is not prepared to enter into serious negotiations with Ukraine, “we will consider further sanctions.”

The EU and Britain this week announced new sanctions against Russia without waiting for Washington to join them, a day after President Donald Trump’s phone call with Russian President Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh US sanctions.

European leaders have been lobbying intensely for the Trump administration to join them in imposing new sanctions if Russia rejected a ceasefire.

Klingbeil said that G7 finance ministers and their Ukrainian counterpart had concluded in a meeting that the conflict was “a brutal war” initiated by Russian President Vladimir Putin and that support for Ukraine continued unabated.

“I am optimistic that in the end such formulations will also be included in the communique, but please wait for the exact wording, as I want to leave that to the Canadian presidency this afternoon,” he said.

TRADE SOLUTIONS

Klingbeil earlier on Wednesday met United States Treasury Secretary Scott Bessent for a bilateral conversation and the two agreed to meet again in Washington.

“We have always discussed forward, how we can take steps together to find solutions,” Klingbeil said about the meeting, adding that Bessent’s invitation was a good sign.

Klingbeil warned, however, that if no agreement can be found with the United States on tariffs, “then we can expect turbulence on the markets again very quickly.”

The Trump administration has imposed a 25 percent tariff on US imports of steel, aluminum and cars, as well as a baseline 10 percent tariff on almost all countries, with additional “reciprocal” tariffs — making for a combined 20 percent in the EU’s case — lined up if negotiations during a 90-day pause fail.


Georgia charges top opposition leaders over 'coup plot'

Georgia charges top opposition leaders over 'coup plot'
Updated 06 November 2025

Georgia charges top opposition leaders over 'coup plot'

Georgia charges top opposition leaders over 'coup plot'
  • Ex-president Mikheil Saakashvili, who is serving a 12.5-year sentence for abuse of office, is among them
  • Georgia has been mired in political crisis since last year’s disputed parliamentary elections

TBILISI: Georgia on Thursday charged eight top opposition figures including jailed ex-president Mikheil Saakashvili with plotting to overthrow the government, sabotage and aiding foreign powers, in an intensifying crackdown on opponents.
Those targeted slammed the ruling Georgian Dream party for escalating an intense crackdown on dissent in the Black Sea nation, in what one branded a “war on democracy.”
Georgia has been mired in political crisis since last year’s disputed parliamentary elections, which the opposition says were rigged in favor of Georgian Dream.
Thursday’s proceedings target Saakashvili — who is serving a 12.5-year sentence for abuse of office, a conviction denounced by rights groups as politically motivated — as well as a string of opposition leaders, Prosecutor General Giorgi Gvarakidze told reporters.
The most serious charges — “assisting a foreign state ... in hostile activities” — carries a maximum prison sentence of 15 years.
Many are already behind bars on prosecutions widely seen as political retribution, including opposition leaders Nika Gvaramia, Nika Melia and Elene Khoshtaria.
Gvaramia dismissed the charges as “absurd political theater,” and accused Georgian Dream of “waging war on democracy.”
“The oligarchy must fall,” he wrote on social media.
Another of those charged, Zurab Japaridze, a leader of the Girchi party, said the government “has crossed the final line into authoritarianism.”
Khoshtaria of the Droa party vowed: “No intimidation will stop us from defending Georgia’s European future.”
Prosecutor Gvarakidze alleged the politicians had “engaged in activities directed against Georgia’s constitutional order and national security” by providing information about energy and defense to Western governments that helped them sanction Georgian officials.
He also alleged that several of them had sought to “radicalize street protests” following elections in October last year by calling for the overthrow of the government and the seizure of state buildings.
Saakashvili, a reformist pro-Western ex-president, is accused of urging his supporters via social media “to resist and topple the regime.”
The European Union has heavily criticized Tbilisi’s democratic backsliding in recent years.
Last month, Georgian Dream asked the Constitutional Court to ban the country’s three main opposition forces.
The party, in power since 2012, originally cast itself as liberal and pro-European, but has faced accusations of drifting toward Russia and derailing Georgia’s bid to join the EU.
The party rejects the allegations, saying it is safeguarding stability in the country following Russia’s invasion of Ukraine.