Russia is the only obstacle to peace in Ukraine - G7
Russia remains the only obstacle to a just peace in Ukraine. The G7 pledges to continue to support Ukraine for as long as necessary.
The G7 countries adopted a joint statement on the 1000th day since the beginning of Russia's full-scale invasion of Ukraine.
“We, the Leaders of the Group of Seven (G7), reaffirm our unwavering support for Ukraine for as long as it takes. We stand in solidarity contributing to its fight for sovereignty, freedom, independence, territorial integrity and its reconstruction,” the statement reads.
The G7 notes that despite all the difficulties and great suffering, Ukrainians have demonstrated unparalleled resilience and determination in defending their land, culture, and people.
“Russia remains the sole obstacle to just and lasting peace. The G7 confirms its commitment to imposing severe costs on Russia through sanctions, export controls and other effective measures. We stand united with Ukraine,” the G7 says.
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The Group of Seven includes the United States, Japan, Germany, Britain, France, Italy and Canada.
The G7 leaders agreed to provide Ukraine with a $50 billion loan to be secured from the proceeds of frozen Russian assets.
In September, the European Commission announced that the EU would provide Ukraine with a €35 billion loan as part of the G7 commitments. However, Hungary, which currently holds the EU presidency, said it had decided to postpone a decision on the loan to Ukraine until after the US presidential election.