European Commissioner Paolo Gentiloni announced the possibility of concluding a G7 framework agreement on a $50 billion loan to Ukraine from frozen Russian assets by October 2024. The loan would be issued from $300 billion of frozen Russian assets.
G7 leaders consider using the proceeds of frozen Russian assets to provide a $50 billion loan to Ukraine. The United States demands guarantees of a long-term freeze on Russian assets until a peace agreement is concluded.