However, the States of Guernsey's Policy Council said it would look at introducing a law in principle, but added that it was a low priority.

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One thing is clear: principle is all very well, but Russia's priority may well be its interests, and how to secure whatever it can salvage for the longer term.

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Finally, throughout the rule-making process, safety has remained our guiding principle, and it will continue to be our number one priority.

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But for now the priority is to prevent a systemic meltdown, not to accelerate it for the sake of principle.

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