G7 Finance Summit begins, with Ukraine and China as main topics
May 24, 2024
Finance leaders of the Group of Seven industrial democracies began a two-day meeting in Italy on Friday to reach a common position on the need for a loan to Ukraine and to oppose China’s “unfair” industrial policies.
However, statements from officials ahead of the meeting in Stresa in northern Italy suggest that no concrete details will emerge on the US push for a loan to Ukraine backed by future proceeds from some $300 billion of frozen Russian assets.
