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G7 to step up financial support for Ukraine to meet its winter needs – statement

The leaders of the Group of Seven (G7) nations have agreed to increase financial and material assistance to Ukraine to support the country through the winter, reaffirming their shared commitment to strengthening its energy security and resilience.

G7 to step up financial support for Ukraine to meet its winter needs – statement

The Group of Seven (G7) nations have decided to escalate their financial and material aid to Ukraine in order to assist the country during the winter months, as affirmed in a joint statement released on Wednesday. This decision was reached after a meeting between G7 foreign ministers in Paris, from November 9 to 10, under the leadership of France.

The statement, published on the UK Foreign, Commonwealth & Development Office website, highlights the renewed emphasis on bolstering Ukraine's energy security and resilience. In addition to the increased support, the ministers also stressed the importance of a coordinated strategy to address Ukraine's pressing financial needs not only for the upcoming winter but also in the years to come.

They also welcomed the efforts to prioritize repairs to the New Safe Confinement at the Chernobyl Nuclear Power Plant, which was highlighted during a donor conference held in Paris on November 9. The conference was organized by France, the European Bank for Reconstruction and Development (EBRD), and Ukraine. Furthermore, the ministers expressed their approval for the implementation of projects under the Tallinn Mechanism, led by Italy, which focuses on enhancing Ukraine's ability to withstand cyber threats.

Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at en.interfax.com.ua →

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