The other seven members of the group had already suspended preparations for a G8 summit that Russia is scheduled to host in June in Sochi.
France's Laurent Fabius went further on Tuesday, saying on Europe-1 radio that "concerning the G8 ... we decided to suspend Russia's participation, and it is envisaged that all the other countries, the seven leading countries, will unite without Russia."
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The US and European Union on Tuesday announced new sanctions against Russia over its actions in the Crimean Peninsula.
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