Russia must pay $486 billion in damages caused to Ukraine.
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This is stated in the statement of the G7 leaders following the summit in Italy.
The leaders of the countries said that Russian assets will remain frozen until Russia ends the war in Ukraine and pays losses to Kyiv.
Or these funds will be transferred to Ukraine for restoration.
According to the World Bank, the amount of damage caused to Ukraine is currently estimated at $486 billion. However, every day “this amount increases,” the document says.
It is wrong for Russia to decide if and when it will pay for the damage done to Ukraine. Russia’s obligations under international law to pay for the harm it has caused are clear, and therefore we continue to consider all possible legal ways in which Russia is forced to fulfill these obligations,” the statement says.
Let us remind you that the G7 countries agreed to allocate $50 billion to Ukraine. using funds from frozen Russian assets.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.