Moscow is obliged to pay billions of dollars in damages to Kiev, according to a joint statement by the Group of Seven nations The leaders of the Group of Seven (G7) nations have demanded that Russia pay $486 billion to Ukraine in damage allegedly inflicted by the ongoing conflict, according to a joint statement issued on Friday. The US and its G7 allies – the UK, Canada, France, Germany, Italy, and Japan – indicated that Russian assets will remain frozen until Moscow ends the conflict and pays compensation. The West has frozen roughly $300 billion in Russian sovereign funds since the start of the Ukraine conflict.
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