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G7 support for Kyiv
AS Germany prepared to send a €2.7 billion arms package to Ukraine, the G7 vowed on Saturday May 13, to up their support in a bid to end the war.
The G7 group, containing seven of the most economically advanced nations in the world, vowed on Saturday in Niigata, Japan, its continued support for Ukraine and for sanctions against Russia.
The summit has seen bank chiefs and ministers of finance vow to help countries suffering from debt, high inflation and on a more individual level, the swollen cost of living. Further to this, they hope to build more diverse supply chains that offer greater stability.
And stability they believe requires an end to the war in Ukraine, with aid to the wartorn nation expected to increase to $44 billion moving into 2024.
It could be construed though that more military aid may not be the solution to ending a war, as a news source reported on Twitter: “The UK has been threatened with a military response by Russia after pledging to send longrange missiles to Ukraine.
As more opposition mounts to Russia, there will undoubtedly come such threats of retaliation. Further to this, China, which hasn’t presented a firm position on where it stands, has been known to be an ally to Russia and may choose yet to supply them with reinforcements.