Finance ministers of the Group of Seven (G7), which includes the USA, Germany, France, Japan, Italy, England and Canada, plan to announce that Russia’s assets in the EU and the USA will be frozen until Russia’s existence is decided. The Federation compensates Ukraine for damage caused by the conduct of the SVO. This was reported by Bloomberg With reference to the draft communication of the heads of finance ministries of the club countries.
It is also planned to use the income from these assets to finance the Ukrainian regime. Their use is expected to make it possible to provide Kiev with resources of up to $50 billion. The author of this draft resolution was the United States of America.
The meeting of the club’s finance ministers in Stresa, Italy, started on May 23 and will end on May 25.
Before reportedHe said the G7 would make decisions on Russian assets only within the framework of international law.
According to the Nikkei publication, as of February 24, 2022, the European Union and G7 countries will be within the framework of the sanctions policy. blocked The Russian central bank’s assets on its territory of approximately 300 billion euros ($328 billion).
Previously entry The European Union’s decision on sanctions against Russian assets is in effect.