The G7 leaders, The seven most industrialized democracies in the world agreed to “soon” allocate $50 billion in loans to the Ukrainian resistance drawn from the interests of frozen Russian assets in Europe.
The heads of State or Government of Germany, Canada, the United States, Italy, Japan and the United Kingdom held a meeting by videoconference, the last of the Italian rotating presidency, to analyze issues such as the Russian invasion of Ukraine.
The amount, according to a statement after yesterday’s meeting, will be “soon delivered.”
The agreement, which was advanced in June, uses interest accrued on $260 billion in Russian assets in the European Union to guarantee repayment of loans to Ukraine.
On October 24, Russia warned that it will respond in the same way.
“If Western countries have started using frozen gold revenues and foreign exchange reserves of the Russian Federation, we will do exactly the same,” Russian Finance Minister Anton Siluanov said on state television.
CT
:strip_icc():format(jpeg)/kly-media-production/medias/4971048/original/033105200_1729095827-IMG-20241016-WA0029.jpg?w=120&resize=120,86&ssl=1 "Top 3 Techno: Profile of Minister of Communication and Digital Meutya Hafid in Prabowo-Gibran’s Red and White Cabinet")
