Free Trial

Leaders' Statement: No Evidence Russia Is Committed To Peace Efforts

G7

The G7 has released a statement following a virtual leaders' meeting today saying that the group re-affirms support for Ukraine for, "as long as it takes."

  • On the prospect of peace talks: "Russia's war of aggression must end. To date, we have not seen evidence that Russia is committed to sustainable peace efforts... We welcome and support President Zelenskyys initiative for a just peace."
  • On the next tranche of military aid: "We will continue to coordinate efforts to meet Ukraine's urgent requirements for military and defense equipment with an immediate focus on providing Ukraine with air defense systems and capabilities."
  • On the next steps forward to assist Ukraine financially: "Building on our commitments so far, we will continue to galvanise international support to help address Ukraine's urgent short-term financing needs. We ask our Finance Ministers to convene shortly to discuss a joint approach for coordinated budget support in 2023. We affirm that the International Monetary Fund (IMF) should be central to this effort."

To read the full story

Close

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.