G7 agrees to use $50bn in profits from frozen Russian assets to support Ukraine

17 June 2024

G7 agrees to use $50bn in profits from frozen Russian assets to support UkraineSvet foto/Shutterstock.com

G7 leaders have agreed to launch Extraordinary Revenue Acceleration Loans for Ukraine in order to make approximately $50 billion available to Ukraine by the end of the year.  G7 countries will provide the financing...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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