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The Independent UK

National

Tom Watling

G7 leaders strike deal on $50bn funding for Ukraine using Russian assets

G7 United States Ukraine Russia Vladimir Putin United Kingdom Giorgia Meloni Rishi Sunak Volodymyr Zelenksyy Joe Biden

AP

G7 leaders have reached a deal to use profits from frozen Russian assets to provide around $50bn (£39bn) worth of support to Ukraine.

It came after Ukrainian president Volodymyr Zelensky said he expected “important decisions” from the summit in Italy, with leaders from the UK, US, Canada, France, Germany, Italy, and Japan seeking to shore up support for Kyiv as several of them face elections or political turmoil at home.

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