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Leaders Reaffirm Support For Ukraine "As Long As It Takes"
The leaders of the G7 economies have released a joint statement on their stance towards Ukraine and Russia. This follows an address to the group from Ukrainian President Volodymyr Zelenskyy earlier this morning.
- Statement seems to head off any possibility of Ukrainian territory being ceded to Russia in exchange for talks or peace, stating: "We reiterate our demand that Russia put an end to this war of choice, and immediately, unconditionally cease all hostilities and withdraw its troops and military equipment from the entire territory of Ukraine within its internationally recognised borders."
- G7 says that "We are determined to reduce Russia's revenues, including from gold...we will also continue to target evasion and backfill activities".
- "We are committed to coordinating efforts to meet Ukraine's urgent requirements for military and defense equipment"
- "We are steadfast in our solidarity with Ukraine and reaffirm our unwavering commitment to support the gov't...We will stand with Ukraine as long as it takes."
- "We will continue to ensure that in taking further measures, we are not targeting food and allow for the free flow of agricultural products."
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.