Hague (QHA) -

The leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the presidents of the European Council and the European Commission at a meeting in Hague adopted a declaration supporting Ukraine's sovereignty and condemning Russian aggression.

The text of the document that contains eight separate points was released by the White House on Monday evening, Ukrinform reported.

"International law prohibits the acquisition of part or all of another state's territory through coercion or force. To do so violates the principles upon which the international system is built," reads the declaration.

The G7 leaders unanimously condemned the illegal referendum "held in Crimea in violation of Ukraine's constitution" and also strongly condemned Russia's illegal attempt to annex Crimea in contravention of international law and specific international obligations. "We do not recognize either," reads the document.

The authors of the declaration confirmed that Russia's actions would have serious consequences and should be a concern for all nations. "We remain ready to intensify actions including coordinated sectoral sanctions that will have an increasingly significant impact on the Russian economy, if Russia continues to escalate this situation," the G7 leaders said.

In this regard, the G7 leaders described as "a step in the right direction" Russia's support for the OSCE special monitoring mission to Ukraine.

"At the same time, we stand firm in our support for the people of Ukraine who seek to restore unity, democracy, political stability, and economic prosperity to their country," reads the declaration.

The meeting participants commended "the Ukrainian government's ambitious reform agenda," reaffirmed their support and noted the IMF's central role leading the international effort to support Ukrainian reform.