Russia Must Compensate Ukraine $486 Billion, G7 Statement

Russia must compensate Ukraine for damages totaling $486 billion. This is stated in the declaration of the G7 countries.

Additionally, G7 countries promise to continue exerting pressure on Russia’s revenue from the trade of raw materials and energy resources, according to TASS.

The declaration emphasizes the commitment to provide support to Ukraine. Kyiv will continue to receive military, financial, and humanitarian aid.

Furthermore, by the end of the year, Ukraine will receive a $50 billion loan that will be repaid using revenues from frozen Russian assets.