G7 summit on Ukraine – Zelensky expects ‘important decisions’

RKS NEWS
RKS NEWS 1 Min Read
1 Min Read

Ukrainian President Volodymyr Zelensky says he expects “important decisions” at the G7 summit of leaders from seven of the world’s richest countries to help his country fight Russian occupation forces.

“A large part will be devoted to Ukraine, our defense and economic stability,” he said in a post on Telegram.

The White House says the G7 has made good progress on a US plan to use frozen Russian assets to raise $50 billion a year for Ukraine.

Zelensky, who is at the summit in Puglia, southern Italy, signed a security agreement with Japan on Thursday. A similar agreement is expected with the USA.

The G7 countries of Canada, France, Germany, Italy, Japan, the UK and the US have been significant financial and military backers of Ukraine since Russia’s full-scale invasion in 2022.

Russian assets that were frozen by the group, along with the EU, when Moscow invaded Ukraine amount to $325 billion. Most of the assets of the Central Bank of Russia are held in Belgium.

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