Meloni Steers G7 Summit in Italy: Biden’s Security Pact with Zelenskyy, $50 Billion Aid for Ukraine Unveiled

June 14, 2024
Meloni Steers G7 Summit in Italy: Biden’s Security Pact with Zelenskyy, $50 Billion Aid for Ukraine Unveiled
  • Italian 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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