The US has reportedly said that Russian military aircrafts have violated Ukraine's airspace on several occasions in the last 24 hours.
According to the BBC, the statement came as the G7 group of industrialised countries agreed on Saturday to "swiftly" impose fresh sanctions on Russia over Ukraine.
In a statement on Friday, Pentagon spokesman Col Steven Warren said Russian aircraft had entered Ukrainian airspace several times in the past 24 hours and called on Russia to take "immediate steps to de-escalate the situation".
A joint statement from the G7 said Russia had taken no concrete actions in support of the Geneva accord.
The statement added that additional sanctions will be imposed swiftly on Russia.
The statement further read that given the urgency of securing the opportunity for a successful and peaceful democratic vote next month in Ukraine's presidential elections, the West would act urgently to intensify targeted sanctions and measures to increase the costs of Russia's actions.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app