G7 aims to tap income from US$300 billion frozen Russian assets to help Ukraine

G7 negotiators are working on how to leverage assets like major currencies and government bonds held in European depositories. The statement’s cautious wording shows that legal and technical details still need to be finalized for the loan to be issued. A Ukrainian rescuer is seen working at the site of a missile attack in Kharkiv amid the Russian invasion of Ukraine in the image.



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