Meloni Steers G7 Summit in Italy: Biden’s Security Pact with Zelenskyy, $50 Billion Aid for Ukraine Unveiled
June 14, 2024Italian Prime Minister Giorgia Meloni took charge at the 50th G7 Summit in Fasano, Italy, guiding President Biden back to a photo op after he wandered away.
The summit included leaders such as UK PM Rishi Sunak and Indian PM Narendra Modi.
Discussions focused on directing resources to Ukraine, multilateral efforts on infrastructure, and a U.S. commitment to aid Ukrainian security.
UK PM Rishi Sunak announced an additional £250 million in aid for Ukraine.
President Biden signed a security agreement with President Zelenskyy, committing strong support for Ukraine and ensuring consultations within 24 hours if Ukraine is attacked again.
The summit also addressed a US-led plan to provide $50 billion to Ukraine using Russian assets, enforcing sanctions against Russia, and managing inflation.
India's participation was significant as the world's largest democracy and a fast-growing economy.
The G7 aimed to address pressing global issues and economic challenges faced by the nations involved.
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