The Group of Seven nations summit in Italy in June saw the bloc reach a basic agreement on a scheme to financially support Ukraine. © Reuters
BRUSSELS — The Group of Seven nations plan to keep Russia’s assets frozen even after its war with Ukraine ends, Nikkei has learned from multiple G7 sources including high-ranking European Union officials. G7 leaders will release a statement on the issue as early as this month.
“We … reaffirm that Russia’s sovereign assets in our jurisdictions will remain immobilized until Russia ends its aggression and pays for the damage it has caused to Ukraine,” said the draft of the leaders’ statement, prepared by this year’s chair, Italy. The draft said the bloc will guarantee $50 billion in loans to Kyiv.
