G7 plans to work out options for using Russian assets to support Ukraine before the leaders' summit
Kyiv • UNN
The G7 ministers said they would explore ways to use Russia's immobilized assets to support Ukraine and provide recommendations on all possible options ahead of the summit in Puglia.
The G7 ministers said they would explore the possibility of using Russia's immobilized assets to support Ukraine and give recommendations on all possible directions and options ahead of the summit in Puglia (June 13-15). This is stated in the communiqué following the meeting of the Group of Seven foreign ministers on the Italian island of Capri, UNN reports.
Details
The G7 ministers welcomed the EU's adoption of regulations on windfall profits for private individuals derived directly from Russia's immobilized sovereign assets, "also with a view to exploring ways to maximize the benefits to Ukraine that can be derived from these revenues.
"Russia's sovereign assets in our jurisdiction will remain immobilized until Russia stops its aggression and pays for the damage it has caused," the G7 said.
We will continue to explore all possible ways to assist Ukraine in obtaining compensation from Russia in accordance with our respective legal systems and international law. At the request of the leaders, we will continue our work and make recommendations ahead of the Puglia summit on all possible avenues and options through which Russia's frozen sovereign assets can be used to support Ukraine, in accordance with our respective legal systems and international law.
The Group of Seven emphasized that "Russia must pay for the damage and destruction it is causing." "We condemn Russia's recent missile and drone attacks on Ukraine's energy infrastructure and cities across Ukraine. We are determined to ensure full accountability and support Ukraine in obtaining compensation for the losses, injuries and damages caused by Russia's aggression," the statement reads.
They also welcomed the launch of the Register of Damages Caused by the Aggression of the Russian Federation against Ukraine.
