According to the G7, an organization is not required to regulate the norms of normal business conduct

Finance ministers and heads of central banks of the G7 countries (USA, Canada, France, Germany, Italy, Great Britain, Japan, Great Britain) are in favor of recognizing Russia’s access to funds from international financial institutions, including the International Monetary Fund (IMF) and the World Bank (WB), statement in their mix statement.

“Russia should not receive funding from international financial institutions, including the International Monetary Fund and the World Bank. We welcome the decision of the European Bank for Reconstruction and Development to suspend Russia’s and Belarus’ access to its resources.

In the opinion of the G7, the organization’s commission and multilateral forums should no longer conduct their business in Russia in the usual business style. The G7 will work closely with members to “act on the basis of common interests as well as rules and representatives of relevant institutions.”

The statement also says that the G7 insists that its actions are related to pressure on Russia over a special economic operation in Ukraine.

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