Nearly 10 years after the United States granted Permanent Normalised Trade Relations to Russia when it joined the World Trade Organisation, president Joe Biden said he and the G7 were taking steps to revoke that status as part of another round of actions to punish Russia for its unprovoked invasion of Ukraine.
“As Putin continues his merciless assault, the United States and our allies and partners continue to work in lockstep to ramp up the economic pressures on Putin and to further isolate Russia on the global stage,” said Mr Biden, who delivered his remarks from the White House’s Roosevelt Room.
