The G7 + Ukraine meeting took place in New York, where more than 30 countries and the European Union adopted a Joint Declaration of Support for Recovery and Reconstruction of Ukraine.
While adopting the Joint Declaration, speeches were delivered by President of Ukraine Volodymyr Zelenskyy, President of the United States Joseph Biden, President of the European Commission Ursula von der Leyen, Prime Minister of the United Kingdom Keir Starmer, President of the Council of Ministers of Italy Giorgia Meloni, and Prime Minister of Canada Justin Trudeau.
Joseph Biden stressed that this declaration is made public to reaffirm their support for Ukraine now and in the future.
“I am determined to ensure that Ukraine has what it needs to prevail in its fight for survival. Tomorrow, I will announce a series of actions to accelerate support for Ukraine's military,” the U.S. President said.
He also emphasized that the partner countries will help Ukraine move from economic stability to economic revival. According to Joseph Biden, the proceeds from frozen Russian assets will be used to rebuild our country.
Volodymyr Zelenskyy noted that this joint commitment will contribute to Ukraine's recovery. It provides for the coordination of relevant recovery efforts through the Ukrainian Donor Platform. The President stressed that this support should become tangible this year.
“This reflects our shared vision of life – we protect people, and we ensure that people have the opportunities to live. And it is absolutely justified that those who help us withstand now will be the first to benefit together with Ukraine from the large-scale reconstruction,” the President of Ukraine said.
The main points of the declaration are: comprehensive support for the reconstruction of Ukraine on its path to EU membership, coordination of support through the Ukrainian Donor Platform, the provision of additional financial assistance of about $50 billion by the end of the year from the proceeds of frozen Russian assets, some of which will be used for defense needs.
The signatories clearly stated that by collectively supporting Ukraine's reconstruction and recovery, they will ensure Russia's inability to achieve its goals and will do everything possible to ensure that Ukraine has a post-war economy that is resilient to Russian threats.
The Joint Declaration is open for signature.
