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US: G7 leaders reach 'political agreement' on Ukraine funds

World News

13-06-2024 | 08:37

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US: G7 leaders reach 'political agreement' on Ukraine funds

G7 leaders agreed Thursday at a summit in Italy on a new $50 billion loan for Ukraine using profits from frozen Russian assets, an American official said.

"We have a political agreement at the highest levels for this deal. And it is $50 billion this year that will be committed to Ukraine," a senior Biden administration official said on condition of anonymity.

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