G7 will try to use frozen Russian assets to help Ukraine: draft statement

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Open this photo in gallery: Finance Ministers and Central Bank Governors pose at the G7 Finance Ministers meeting in Stresa, northern Italy, Friday, May 24, 2024.Antonio Calanni/The Associated Press The G7 will explore ways of using the future income from frozen Russian assets to help Ukraine, finance chiefs from the Group of Seven industrial democracies said on Saturday, according to a draft statement seen by Reuters. The G7 and its allies froze some US$300-billion of Russian assets shortly after Moscow invaded its neighbour in February 2022. “We are making progress in our discussions on potential avenues to bring forward the...