G7 set to form Ukraine aid fund using income from frozen Russian assets
BRUSSELS -- The Group of Seven will set up a fund to support Ukraine, using income from frozen Russian assets, Nikkei has learned.
The fund will be created under an international organization, such as the World Bank. The United States, Britain, Japan and other countries will contribute to the fund in the form of loans. The profits from the investment of the frozen assets will be used to repay these loans.