27 Mar 2014 – The group of five major emerging national economies known as the BRICS has rejected the Western sanctions against Russia and the \u201chostile language\u201d being directed at the country over the crisis in Ukraine.<\/i><\/i><\/p>\n
\u201cThe escalation of hostile language, sanctions and counter-sanctions, and force does not contribute to a sustainable and peaceful solution, according to international law, including the principles and purposes of the United Nations Charter,\u201d foreign ministers of the BRICS countries – Brazil, Russia, India, China and South Africa – said in a statement issued on Monday [24 Mar 2014].<\/p>\n
The group agreed that the challenges that exist within the regions of the BRICS countries must be addressed within the framework of the United Nations.<\/p>\n
\u201cBRICS countries agreed that the challenges that exist within the regions of the BRICS countries must be addressed within the fold of the United Nations in a calm and level-headed manner,\u201d the statement added.<\/p>\n
The White House said earlier on Monday that US President Barack Obama and the leaders of Britain, Canada, France, Germany, Italy and Japan decided to end Russia’s role in the G8 over the crisis in Ukraine and the status of Crimea.<\/p>\n
Meanwhile, the G7 group of top economic powers has snubbed a planned meeting that Russian President Vladimir Putin was due to host in the Black Sea resort city of Sochi in June.<\/p>\n
The G7 said they would hold a meeting in Brussels without Russia instead of the wider G8 summit, and threatened tougher sanctions against Russia.<\/p>\n
Russia brushed off the Western threat to expel it from the G8 on the same day. The Autonomous Republic of Crimea declared independence from Ukraine on March 17 and formally applied to become part of Russia following a referendum a day earlier, in which nearly 97 percent of the participants voted in favor of the move.<\/p>\n
On March 21, Putin signed into law the documents officially making Crimea part of the Russian territory. Putin said the move was carried out based on the international law.<\/p>\n
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