The Group of Seven (G7) countries have announced their decision to retain Russian assets that have been frozen in response to the conflict with Ukraine. These assets, totaling nearly $300 billion, are being considered for use as collateral to provide loans to Ukraine. This decision was part of a joint statement released following a meeting in Washington, where the G7 also expressed their intention to impose new sanctions against Russia and maintain the asset freeze until Russia compensates for the damages caused during its full-scale invasion of Ukraine.
⚡️ EU official: G7 considers using frozen Russian assets as collateral for Ukraine loans. https://t.co/5q6W8CmiAg
⚠️ G7 EYEING USING FROZEN RUSSIAN ASSETS AS COLLATERAL FOR UKRAINE LOANS, EU OFFICIAL SAYS Full Story → https://t.co/xPTTKDXlq9 Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral to provide loans to Ukraine, European… https://t.co/1QJ1JldJOB
G7 countries will keep Russian assets frozen until they get Russian Federation to pay for damage caused to Ukraine during a full-scale invasion, their joint statement following a meeting in Washington says. G7 countries also aim to apply new sanctions against Russia and to… https://t.co/akWMiGYB8v
G7 STATEMENT: COMMITMENT TO RETAIN FROZEN RUSSIAN ASSETS
G7 STATEMENT: FROZEN RUSSIAN ASSETS TO BE USED TO SUPPORT UKRAINE IN ALL POSSIBLE AVENUES