Media: G7 to create Ukraine aid fund using income from frozen Russian assets
A final agreement on the issue is expected at a G7 summit in Apulia, Italy, on June 13-15, which President Volodymyr Zelensky will attend.
G7
AFP: Still no G7 consensus over using frozen Russian assets for Ukraine
According to AFP, the U.S. is pushing the G7 to endorse a loan for Ukraine of up to $50 billion, secured by interest on the frozen assets.
Biden to meet with Zelensky in Normandy before attending G7
U.S. President Joe Biden will meet with Ukrainian President Volodymyr Zelensky in Normandy following the commemoration of the 80th anniversary of D-Day, U.S. National Security Advisor Jake Sullivan said on June 4, 2024.
Presidential Office confirms Zelensky's participation in G7 meeting in Italy
The Presidential Office did not specify whether the president would join in person or remotely.
Meloni: Zelensky will take part in upcoming G7 summit
President Volodymyr Zelensky will participate in the upcoming G7 summit, Italian Prime Minister Giorgia Meloni said on June 2, according to the Italian news outlet ANSA.
G7, EU want to target banks helping Russia evade sanctions, Bloomberg reports
In particular, the allies are considering steps against banks using SPFS, Russia's alternative to the SWIFT messaging system, to circumvent trade restrictions, the outlet said.
G7 announces 'progress' on Russian frozen assets but work still to be done
Ukraine's Western partners and other allies froze around $300 billion in Russian assets at the start of the full-scale invasion in 2022. Roughly two-thirds are held in the Belgium-based financial services company Euroclear.
Politico: Zelensky to visit France, Italy, urge NATO to down Russian missiles over Ukraine
President Volodymyr Zelensky is planning to visit the D-Day commemoration in France and a G7 meeting in Italy in June to ask partners for more military aid, Politico reported on May 22, citing two undisclosed sources.
Bloomberg: Germany ready to back US plan to tap Russian assets revenue for funding Ukraine
Washington's proposal envisions borrowing against future profits from the frozen assets and transferring the money to Kyiv upfront from a Group of Seven (G7) loan.
Reuters: G7 will support using frozen Russian assets revenue to fund Ukraine
The G7 finance ministers are set to meet on May 24, where they will work out the details to come to a final decision before a summit in Italy in June.
Yermak: Ukraine aims to finalize security agreement with US in May
A Ukrainian delegation led by Head of the Presidential Office Andriy Yermak held the fourth round of negotiations with the U.S. on the future bilateral security agreement on May 6, the Presidential Office reported.
Bloomberg: US leading efforts within G7 to develop $50 billion aid package to Ukraine
The United States is leading talks among the Group of Seven (G7) nations to develop a military aid package to Ukraine worth up to $50 billion, Bloomberg reported on May 3. The package would reportedly be funded by the profits generated by accrued interest on frozen Russian assets.
G7 agrees to reduce dependency on Russian nuclear energy supplies
"We note the ongoing efforts by countries which operate Russian-designed reactors to make progress in securing alternative nuclear fuel contracts and to reduce dependencies related to spare parts, components, and services," read the statement issued after a two-day ministerial summit in Torino, Italy.
Japan reaffirms commitments to support Ukrainian energy sector
During a visit to Japan, a Ukrainian delegation led by Energy Minister German Galushchenko held discussions with Japanese officials regarding assistance in rebuilding Ukraine's energy sector.
US Treasury Secretary: G7 may support aiding Ukraine with interest from Russian assets
"This is an approach that could be broadly supported by countries that are concerned about the seizure of assets, and some of the interest could be brought forward through, for example, a loan," Yellen said.
Ukraine, Portugal start talks on security agreement
Ukraine and Portugal have begun negotiations on a draft bilateral security agreement, the Presidential Office announced on April 24.
G7 foreign ministers vow to boost Ukraine's air defense capabilities
The Group of Seven (G7) foreign ministers promised on April 19 to strengthen Ukraine's air defense capabilities to protect civilians and critical infrastructure from Russian attacks.
EU official: G7 considers using frozen Russian assets as collateral for Ukraine loans
The Group of Seven (G7) countries are discussing using frozen Russian assets as collateral to provide loans to Ukraine, Reuters reported on April 18, citing European Commission Executive Vice President Valdis Dombrovskis.
Presidential Office: Ukraine, Portugal to soon start negotiations on security deal
Deputy Head of the Presidential Office Ihor Zhovkva held a call with the Portuguese prime minister's advisor Jorge Monteiro to discuss the expected bilateral security agreement, the Presidential Office said on April 9.
Bloomberg: US backs plan to issue $50 billion in bonds from frozen Russian assets
The United States proposed to the Group of Seven (G7) countries that they establish a special-purpose vehicle (SPV) to issue $50 billion in bonds from profits generated by frozen Russian assets and use the proceeds to support Ukraine, Bloomberg reported on March 21.
G7 leaders call on Iran not to supply Russia with missiles
G7 leaders called on third parties to stop providing Russia with material support, recalling Iran in their joint statement published on March 15.
Ukraine, Spain start talks on security guarantees
Ukraine and Spain began negotiations on a bilateral agreement on security guarantees under the Group of Seven (G7) Joint Declaration of Support for Ukraine, the Presidential Office reported on March 4.
G7 vows to sustain aid to Ukraine, Zelensky says G7 knows what is needed
President Volodymyr Zelensky urged decisiveness and unity in a Feb. 24 video call with leaders of the Group of Seven (G7), saying they “know very well” what Ukraine needs. G7 partners promised to continue their support in a statement after the call.
Zelensky discusses potential security guarantees, joint weapons production with Swedish Defense Minister
President Volodymyr Zelensky and Swedish Defense Minister Pal Jonson discussed the prospects of joint weapons production and future negotiations for signing a bilateral security guarantee agreement, according to a Feb. 24 statement by Zelensky's office.
Justice minister, G7 ambassadors discuss law enforcement reforms
During the meeting with the justice minister, the ambassadors reportedly emphasized the importance of reforms in the judicial and law enforcement spheres to spur greater investment and backing from the international community.
G7 foreign ministers: Russia will face 'massive consequences' if it invades Ukraine
The Foreign Ministers of the Group of Seven (G7) countries warned Russia on Dec. 12 of “massive consequences” in case of further military aggression against Ukraine. The statement, made during the G7 meeting in Liverpool, U.K., addresses Russia's buildup of nearly 100,000 troops on Ukraine's borders and in
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