An accompanying statement from G7 finance ministers said that the loans would be disbursed through a series of bilateral loans, starting as soon as Dec. 1 and continuing through the end of 2027 ”in installments that will reflect Ukraine’s urgent financing needs.”
Under a gunmetal sky and driving rain, leaders of some of the world's most powerful nations gathered in Hiroshima on May 19 to confront the horrors of nuclear weapons.
"So the G7 leaders can remain united to deal with the invasion of Ukraine, I have decided to host a video conference of the G7 leaders, inviting President Zelensky, this week on the 24th," Kishida said
Prime Minister Narendra Modi, who was on a visit to Germany to attend G7 Summit, presented its leaders with various gifts displaying India’s rich art and craft, especially those related to Uttar Pradesh’s one district one product scheme.
The G7 leaders on Sunday took China to task over human rights in the heavily Muslim region of Xinjiang, called for Hong Kong to keep a high degree of autonomy and underscored the importance of peace and stability across the Taiwan Strait - all highly sensitive issues for Beijing.
At the G7 summit in southwestern England, there was a clear push by the leaders to try to counter China's increasing influence in the world, particularly in developing nations.
"The G7 recognises the ongoing large scale movements of migrants and refugees as a global challenge which requires a global response," they said in a statement.