Politics
Leaders to focus on migration, Africa, AI DW 06/14/2024
Leaders of the Group of Seven (G7) gathered in Italy for their annual summit taking place June 13-15.
Ukraine dominated discussions on the first day of the summit, with G7 countries this year agreeing on a $50 billion loan for Ukraine, backed by interest from frozen Russian assets.
Although the technical details of the agreement still need to be ironed out, the commitment from the group that includes the United States, Canada, Japan, Germany, France, Italy and the United Kingdom, as well as the European Union, shows Western determination to meet kyiv's defense needs. as he fights Russian forces.
German Chancellor Olaf Scholz hailed the loan as a “very historic step” that sends a clear signal to Russian leader Vladimir Putin that he “cannot sit idly by.”
All G7 countries are expected to contribute to the loan, and the money is expected to reach Ukraine by the end of the year.
Additionally, Ukrainian President Volodymyr Zelenskyy, who also attended the meeting, signed a 10-year bilateral security agreement with the United States on the sidelines of the summit.
Several other countries have reached similar long-term agreements with Ukraine, including Germany, France and the United Kingdom.
Zelensky also signed a security agreement with Japan, a country that is a major backer of Ukraine in its fight against Russian military aggression.
rm/sri (Reuters, AP, AFP, DPA)
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