G7: 50 billion soon to be disbursed to Kiev from frozen Russian assets

G7 leaders, meeting virtually under the chairmanship of Giorgia Meloni, discuss aid to Ukraine and the handover of the presidency to Canada

At the virtual meeting of the G7 leaders, convened by Italian Prime Minister Giorgia Meloni, the imminent disbursement of EUR 50 billion to Kiev from frozen Russian assets was agreed. The summit reiterated support for Ukrainian sovereignty and condemned the growing military cooperation between Russia and North Korea, with a commitment to maintain measures against pro-Moscow actors. During the meeting, Meloni passed the baton of the G7 presidency to Justin Trudeau, who will lead the group from 2025.

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