The G7 commits to deliver 22,000 million euros in support to Ukraine between 2022 and 2023

A Ukrainian soldier in Bucha, outside of kyiv, Ukraine

A Ukrainian soldier in Bucha, outside of kyiv, Ukraine – Matthew Hatcher/SOPA Images via / DPA

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The finance ministers of the countries belonging to the G7 have promised this Thursday to deliver more than 24,000 million dollars (about 22,000 million euros) in assistance to Ukraine for 2022 and 2023.

The group has been against the “continued and brutal aggression of Russia against Ukraine and the suffering of the population”, as well as the prolonged destruction of the territory, for which it has shown itself to “do what is necessary”, as stated a statement.

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In this sense, they have expressed their opposition to Russia’s participation in international forums, including the G20 summits, the International Monetary Fund and the World Bank. “International forums and organizations should not continue to do business with Russia as they have done up to now,” they have expressed.

In addition, they have conveyed their “strong support and their most sincere solidarity with the people and Government of Ukraine.” “We are determined to restore peace and stability within the framework of international law and uphold international cooperation and multilateralism,” she said.

The G7, which has called for the withdrawal of troops, has urged Russia to “immediately comply with the order of the International Court of Justice and suspend its military aggression.”

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“We have worked together to increase the costs of the Russian war and isolate the country from the global economy. (…) We have imposed direct sanctions and economic and financial measures that impact the Russian economy,” the text states.

They have also held Russian President Vladimir Putin, his government and his supporters fully responsible for “the economic and social consequences of the war.” “We have designed our sanctions in such a way that we can minimize the damage to third countries and the global economy and have excluded products vital to humanitarian needs,” he explained.

The G7 has warned that it will “closely” follow the development of events, especially in the global financial market, while remaining alert to act “jointly” in support of “resilience” and to guarantee financial stability.

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