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World

27 Jun 2022

G7 countries stands with Ukraine

The Index Today

The Group of Seven clubs (G7) of wealthy nations on Monday decided to stand with Ukraine "for as long as it takes". The G7 promised to tighten the squeeze on Russia's finances with new sanctions that include a proposal to cap the price of Russian oil.

The announcement came after Ukraine's President Volodymyr Zelensky, addressing G7 leaders at their summit in the Bavarian Alps via a video link, asked for weapons and air defences to gain the upper hand in the war against Russia within months.

The G7 countries said they were ready to provide security commitments in a post-war settlement while stressing after Ukraine had earlier voiced misgivings, that it was up to Kyiv to decide a future peace deal with Russia.

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