G7 Targets Chinese Banks in Sanctions Effort
The G7 summit targets small Chinese banks aiding Russia, aiming to enforce sanctions and curb dual-use goods trade. Internal divisions challenge unified action against China’s role in the conflict.
g7 summit
G7 reiterates support for Ukraine’s defense and financial needs
The G7 reiterates support for Ukraine’s defense and financial needs, including urgent funding and long-term reconstruction estimated at $486 billion over 10 years. The U.S. and allies committed to providing stable financial aid until 2027 and supplying more air defense systems as Ukraine battles Russia’s aggression.