RIO DE JANEIRO, BRAZIL - Brazil, along with other emerging economies, has refused to join a coalition formed by developed countries to block trade with Russia.
A statement from the United States, the European Union (EU), the United Kingdom, Australia, South Korea, and some smaller countries such as Iceland is expected at the trading scene in Geneva.
EU Trade Commissioner Valdis Dombrovskis warned that the G7 and its partners "will soon stop treating Russia as a most-favored-nation at the World Trade Organization (WTO), which would remove important trade benefits (for Russian products)."
Canada was the first G20 country to . . .
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