Russia should pay $486 billion in compensation to Ukraine - G7 statement

Kyiv • UNN

Jun 14 2024, 08:05 PM • 18179 views

The Group of Seven has agreed that Russia should pay Ukraine $486 billion for damages from the war in Ukraine.

Russia must compensate for the damage caused to Ukraine, which, according to the World Bank, exceeds $486 billion. This is stated in the G7 statement following the summit in Italy, UNN reports.

Russia must stop its illegal war of aggression and pay for the damage it has caused to Ukraine. According to the World Bank, this damage now exceeds $486 billion. It is unfair for Russia to decide if and when it will pay for the damage it has done to Ukraine. Russia's obligations under international law to compensate for the damage it has caused are clear, and we continue to consider all possible legal avenues through which Russia can fulfill these obligations
- reads the final declaration of the G7 leaders.

To recap
In February 2024 , the World Bank estimated the total cost of reconstruction and recovery in Ukraine over the next ten years as a result of a full-scale Russian invasion at $486 billion.

Iryna Kolesnik

War Economy Politics

Specialists of Kyiv Scientific Research Institute of Forensic Expertise in Hungary were trained to identify improvised explosive devices

“A shot in the head": Yuzhanina criticizes Hetmantsev's idea of forced purchase of domestic government bonds

The mysterious “Oreshnik”: what it is and how the missile was developed, which the enemy used to hit the Dnieper River

Warmth and comfort for IDPs: how Brovary creates conditions for winterization of IDPs

Representatives of the Scandinavian states were shown foreign components of Russian weapons produced in their countries - KFI

“Will there be a nuclear missile?” - an expert's opinion on the first launch of an intercontinental ballistic missile

“Oschadbank calls on ARMA to take a statesmanlike approach during the tender for the manager of the Gulliver shopping center - bank representative

The first snowfall of this fall-winter season. The mayor of Brovary told how the city is coping with the deteriorating weather conditions

Conflict of interest and damages: lawyer tells how ARMA manages seized assets

Ukrainians face another power outage tomorrow: when and how many lines will be turned off

Angelina Jolie reveals unexpected details about her six children

Grimes says Elon Musk has become “unrecognizable”

7 New Year's movies for a festive mood

“I gave them the freedom to be themselves": Miley Cyrus talks about her influence on young artists

Transparency or a screen: how ARMA transfers assets into management

Transparency or a screen: how ARMA transfers assets into management

The mysterious “Oreshnik”: what it is and how the missile was developed, which the enemy used to hit the Dnieper River

Warmth and comfort for IDPs: how Brovary creates conditions for winterization of IDPsExclusive

NABU takes on another Minister of Agrarian Policy: who can benefit from it

S.T.A.L.K.E.R. 2 released today: what is known about the release of the most anticipated game

Volodymyr Zelenskyy

Donald Trump

Denis Shmyhal

Olaf Scholz

Donald Tusk

Ukraine

United States

Germany

The Pentagon

Poland

Billie Eilish is named Apple Music Artist of the Year

S.T.A.L.K.E.R. 2 reaches one million sales in less than half a week after release

“I gave them the freedom to be themselves": Miley Cyrus talks about her influence on young artists

7 New Year's movies for a festive mood

Grimes says Elon Musk has become “unrecognizable”

MIM-104 Patriot

Spotify

FAB-250

9K720 Iskander

Boeing AH-64 Apache

Russia should pay $486 billion in compensation to Ukraine - G7 statement

Warmth and comfort for IDPs: how Brovary creates conditions for winterization of IDPs
Exclusive