G7 countries commented on the situation with the frozen assets of the Russian Federation

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The G7 states, in their joint declaration after the NATO summit in Vilnius, stated that Russia’s assets would be frozen until compensation is paid to Kiev. It gives information about Reuters.

“The Russian assets in our jurisdiction will remain immovable until Russia pays for the damage it has done to Ukraine,” the statement said.

The G7 announced that this mechanism has been activated in accordance with their respective legal systems.

In the statement, it is noted that an international mechanism should be established for the compensation of losses caused by the Russian Federation. G7 countries also expressed their willingness to explore options for developing such mechanisms.

Prior to that, the G7 countries issued a joint declaration following the NATO summit in Vilnius. acceptance General priorities in the supply of defense to Ukraine.

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