The G-7 group of developed nations has agreed to offer $50 billion of Russia’s frozen property to assist Ukraine battle the Russian navy. US President Joe Biden stated that this resolution is a reminder to Russia that we’ve not backed down on the difficulty of Ukraine.
Russia has reacted strongly to this resolution made on the G7 platform and has threatened sturdy countermeasures.
Observers say Ukraine won’t obtain the introduced funds earlier than the tip of this yr, nevertheless it actually marks a long-term support program for each Ukraine’s navy and economic system.
On the event of the G7 summit in Italy, Ukrainian President Volodymyr Zelensky and US President Joe Biden additionally signed a 10-year protection settlement between the US and Ukraine.
Talking at a press convention together with his Ukrainian counterpart within the southern Italian metropolis of Puglia, the US president stated that underneath this settlement, the US may even present support and coaching to Ukraine, however the US has not made any guarantees that it’s going to. Will ship his troops to battle on the aspect of Ukraine.