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Zelenskyy welcomed by Italy PM Giorgia Meloni as he joins G7 meeting

   13. Juni 2024  37 Kommentare zu Zelenskyy welcomed by Italy PM Giorgia Meloni as he joins G7 meeting



Volodymyr Zelenskyy was welcomed by the summit host, Premier Giorgia Meloni, at Borgo Egnazia, a luxury resort in the Puglia …

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Author: Associated Press

37 thoughts on “Zelenskyy welcomed by Italy PM Giorgia Meloni as he joins G7 meeting”

  8. Italy is hosting the summit of the Group of Seven leading industrialized nations in the wake of the European Parliament election, which saw a surge in support for the far right in places like G7 members France and Germany.

    Italian Premier Giorgia Meloni also leads a far-right party but continues to hew to the center, particularly on foreign policy, which has made her a reassuring transatlantic partner amid Russia’s full-scale invasion of Ukraine and the Israel-Hamas war in Gaza.

    The G7 summit through Saturday is focusing on global conflicts, the spread of artificial intelligence and on Africa issues, particularly Italy’s longstanding concern about uncontrolled migration to Europe from the continent. Perennial issues such as climate change and China also will be discussed.

    The G7 is an informal forum with an annual summit to discuss economic policy and security issues. The members are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

    German Chancellor Olaf Scholz has hailed as a “historic step” a deal by the Group of Seven leaders to lend $50 billion to Ukraine from the proceeds of frozen Russian assets.

    Scholz called the deal “a very strong commitment” which also gives Ukrainians “the courage to do what is now necessary for them to defend their independence and sovereignty.”

    He told reporters on the first day of the three-day G7 summit in Italy that the agreement is also “a clear signal to the Russian president that he cannot simply take advantage of a situation and hope that he will succeed in winning this war” because some countries supporting Ukraine are now facing fiscal problems.

    The United States and European countries have agreed to lock up sanctioned Russian assets until Moscow pays reparations for invading Ukraine, a senior U.S. official said Thursday.

    The consensus clears the way for leaders to announce a $50 billion loan package for Ukraine during the Group of Seven summit that began Thursday in Italy.

    The highly anticipated agreement will leverage interest and income from the more than $260 billion in frozen Russian assets, largely held in Europe, to secure a $50 billion loan from the U.S. along with additional loans from other partners.

    The first disbursements will be made this year, the official said, adding that it will take time for Ukraine to use all the money.

    The U.S. official spoke on the condition of anonymity to preview the agreement, which will be included in the G7 leaders’ statement on Friday.

    Britain has announced new sanctions designed to degrade Russia’s ability to wage war in Ukraine, targeting entities based in China, Israel, Kyrgyzstan and Turkey, as well as the Russian energy industry.

    The sanctions announced at the start of Thursday’s G7 summit apply to 50 companies and individuals involved in supplying munitions, machine tools, microelectronics, and logistics to the Russian military, together with ships transporting military goods from North Korea to Russia.

    Britain also said it was targeting the “shadow fleet” of ships used to circumvent G7 sanctions on the Russia oil and natural gas industry. The U.K. Foreign Office said this is particularly important because taxes on oil production accounted for 31% of the Russian government’s revenue last year.

    Officials say the world’s seven wealthiest democracies have agreed on lending Ukraine up to $50 billion using frozen Russian assets as collateral.

    Diplomats confirmed the agreement, which was struck before Thursday’s start of the three-day G7 summit that brings together Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

    U.S. President Joe Biden and Ukrainian President Volodymyr Zelenskyy will also sign a bilateral security agreement during the summit.

    European officials have resisted confiscating the assets, citing legal and financial stability concerns. But the plan would use the interest earned on the assets to help Ukraine’s war effort.

    The U.S. proposal involves using profits from the roughly $260 billion in frozen Russian central bank assets, most of them held in the European Union, to help Ukraine.

    The U.S. would issue Ukraine the $50 billion loan using windfall profits from the immobilized funds as collateral.

    U.K. Prime Minister Rishi Sunak is announcing up to 242 million pounds (286 million euros or $310 million) in nonmilitary aid to Ukraine as Group of Seven leaders gather for a summit overshadowed by war.

    Sunak is taking time out from the U.K. election campaign to attend Thursday’s gathering in southern Italy.

    The U.K. government says the money will go towards “immediate humanitarian, energy and stabilization needs” in Ukraine. Sunak has also thrown his support behind a plan to use interest from seized Russian assets to help Ukraine rebuild.

    Sunak said the war is at a “critical moment” and Ukraine’s allies “must move from ‘as long as it takes’ to ‘whatever it takes’ if we are to end this illegal war.”

    The U.K. has pledged 12.5 billion pounds to Ukraine since Russia launched its full-scale invasion on Feb. 24, 2022. That includes 7.6 billion pounds worth of military assistance.

    Sunak is battling to keep his job after the U.K. election on July 4, with opinion polls putting his Conservatives far behind the opposition Labour Party. Labour leader Keir Starmer says he will keep up the United Kingdom’s strong support for Ukraine if he becomes prime minister.

    Madonna and the Beckhams have reportedly stayed there, and Jessica Biel and Justin Timberlake got married there.

    Borgo Egnazia in Italy’s southern Puglia region has certainly had its share of star power and on Thursday hosts another set of VIP guests: the leaders of the world’s industrialized democracies.

    But the venue for the Group of Seven summit is also something of a theater set, a faux town made to resemble one of Puglia’s medieval white-washed hamlets but that actually only dates from 2010.

    Located next to an actual archaeological park, Borgo Egnazia features narrow streets, villas, restaurants and a town square complete with a clocktower.

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