Ukrainian President Volodymyr Zelensky is optimistic about the upcoming G7 summit, expecting “important decisions” that will bolster his country’s defense and economic resilience.
The White House has made progress on a plan to use frozen Russian assets to raise $50 billion annually for Ukraine.
Zelensky will attend the summit in Italy, where he’ll sign new security deals with Japan and the US.
The G7 nations have been key supporters of Ukraine since Russia’s invasion in 2022, and the plan to use Russian assets to support Ukraine is gaining traction.
However, the technicalities are complex, and Russian officials have denounced the idea as “theft.” With several Western leaders facing elections, there’s pressure to deliver support to Ukraine while they can.
The UK’s Prime Minister Rishi Sunak is set to announce significant support for Ukraine’s energy and humanitarian needs, while Italian Prime Minister Giorgia Meloni boasts about her country’s strong performance in the European elections.