another busy programme. let s get started. world leaders are meeting at the g7 summit in southern italy later to impose fresh economic pressure on russia in response to its war against ukraine. there is a lot to discuss. the leaders of the seven powerful economies are expected to agree to use the interest from frozen russian assets to raise $50 billion a year for ukraine. but some european countries are nervous about who ultimately will bear the risk. president biden is also due to sign a new security agreement with president zelensky, as part of long term support to kyiv. for more on this, i m joined by andrew d anieri resident fellow at the atlantic council s eurasia center. good to have you on the programme. what progress will they make, do you think on that very point of increasing the economic pressure on russia? thanks for having me. in terms of sanctions pressure, that s what we mean immediately by economic pressure on russia i think it can be relatively modest, ux
international investors. are you likely to see that continue? the bold decision making means executive reforms and administrative reforms can happen. but as a result of those decision makings, we have not seen land reforms or agricultural reforms. now this is a new landscape, and the reason i think we may see labour reforms happen is because there is an impetus with employment becoming a key issue, and we could see more dialogue. so i think, eventually, investors will come round and see this is not such a bad outcome. the government spending on capex has been a big priority. what more needs to be done? is private investment something you would be keen to look out for? yes, definitely, that s a great point, actually. for the labour interventions that need to happen, we will see some shift in the expenditure mix in the fiscal. so i expect capex to be curtailed a bit. it will still stay, but it will not be as high or surging. and money will go towards education, training, social
investors. are you likely to see that continue? the decision makin: see that continue? the decision making means see that continue? the decision making means that see that continue? the decision making means that executive i making means that executive reforms and administrative reforms and administrative reforms can happen. but as a result of the decision making reforms, we have not seen land reforms, we have not seen land reforms or agricultural reforms. now, this is a new landscape, and the reason that we might still see labour reforms happen is because there is an alliance, there is an impetus with employment becoming a key issue, and hence, we could see more dialogue. sol hence, we could see more dialogue. so i think eventually, investors will come around and see that this is not such a bad outcome. the government such a bad outcome. the government spending - such a bad outcome. the government spending on capex has been a priority. what more needs to be done? is pr
reforms and administrative reforms and administrative reforms can happen. but absent of those decision making is, we have not seen land reforms or agricultural reforms. now this is a new game and the reason i think we may see labour reforms happen is because there is an alliance a new landscape. an impetus with employment is becoming a key issue, and we could see more dialogue. sol think, eventually, investors will come round and see this is not such a bad outcome. the government not such a bad outcome. the government spending has been a big priority. what more needs to be done, it is private investment something you would be keen to look out for? yes. be keen to look out for? yes, definitely. be keen to look out for? yes, definitely, that be keen to look out for? yes, definitely, that is be keen to look out for? yes, definitely, that is a be keen to look out for? yes, definitely, that is a great - definitely, that is a great point, actually. for the labour inter