The G7 summit scheduled for June 13-15 in Italy will discuss using proceeds from frozen Russian assets to help Ukraine.

A key item on the agenda of the Group of Seven summit, which will be held from 13 to 15 June in Italy, will be ways to use the proceeds of frozen Russian assets to help Ukraine

G7 agrees on transfer of $50 billion in profits from frozen Russian assets to Ukraine

G7 leaders gathered in southern Italy for a summit with boosting support for Ukraine top of the agenda

G7 Summit will take place June 13-15, 2024

Key issue will be a loan to Ukraine secured by Russian assets

This represents a precedent of retroactive confiscation

At the meeting, the G7 leaders intend to discuss plans to use the proceeds of frozen Russian assets to help Ukraine.