G-7 Leaders to Agree to Tap Frozen Russian Assets, France Says
- At stake political agreement to give Kyiv $50 billion of aid
- Technical details of deal will need to be hashed out at G-7
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Group of Seven leaders are set to reach a political agreement to provide Ukraine with $50 billion of aid using the profits generated by frozen Russian sovereign assets, according to an Elysee official.
However, the technical details of a deal will need to be finalized after a G-7 leaders’ summit taking place in Italy this week — meaning that it could be a while for a final agreement to be concluded, said the French official, who spoke on condition of anonymity.