Ukrainian President Volodymyr Zelensky and US President Joe Biden signing a security agreement after a bilateral meeting on the sidelines of the G7 summit in Italy on June 13.
The Ukrainian leader will sign a new, long-term security accord with US President Joe Biden on June 13, as well as one with G-7 member Japan. The G-7 plan for Ukraine is based on a multi-year loan using profits from some US$300 billion of impounded Russian funds. The aim of the deal was to ensure it can run for years regardless of who is in power in each G-7 state – a nod to concerns that US Republican presidential candidate Donald Trump might be much less sympathetic to Kyiv if he beats Mr Biden in November, according to a person close to the talks.
Western nations were also unanimous in their concern over China’s industrial overcapacity, which they say is distorting global markets, and their determination to help African states develop their economies, diplomats said.While Ms Meloni is flying high after triumphing in weekend European elections, the leaders of the other six nations – the US, Japan, France, Germany, Britain and Canada – face major domestic woes that risk undermining their authority.