G7 Summit: New Sanctions on Russia, Aid for Ukraine Announced

New Sanctions and Aid Package

• 🌍 Canada, alongside international partners, is launching a major new package of sanctions targeting individuals, companies, and vessels involved in Russia's shadow fleet.
• 🎯 The goal of these sanctions is to exert maximum pressure on Russia.
• 💰 Over $2 billion in funding is being provided for drones, ammunition, and armored vehicles to aid Ukraine's defense.
• 🏗️ An additional $2.3 billion loan will support the rebuilding of infrastructure in Ukraine.

G7 Statement on Ukraine

• 💬 Prime Minister Carney reiterated condolences for the barbarism witnessed in Kyiv, caused by Russia.
• 📄 While a joint statement specifically on Ukraine was not issued and signed by the seven leaders, the key points were included in the chair's summary statement.
• 🇪🇺 Discussions also focused on a specific declaration regarding the exceptional and fast-moving situation in Iran, which was also held for the chair summary.