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Biden Zelenskiy to back plan using frozen Russian assets
At the G7 summit in Brindisi they will sign a bilateral security accord while negotiators finalize an agreement to provide Ukraine up to 50 billion dollars backed by frozen Russian assets. The plan uses earnings on about 260 billion dollars of frozen assets held abroad to fund Kyiv's war effort as Europe hosts most of the funds. Final terms are being finalized ahead of the summit.
MENTIONED IN THIS ARTICLE
Brindisi
Italy
Joe Biden
Volodymyr Zelenskyy
U.S
Ukraine
Group of Seven
Kyiv
Europe
European Union