Finance leaders from the Group of Seven wealthy democracies on Wednesday will try to advance talks on harnessing the earnings from frozen Russian sovereign assets to back a $50 billion loan to Ukraine as the U.S. seeks more certainty, notably from the European Union, that the assets will be immobilized for the long term.
The talks will take place on the sidelines of a G20 finance leaders’ meeting in Brazil focused on broader economic, climate and development issues.
Source: REUTER
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