Leaders may reach agreement on using Russia’s seized assts to pay for weapons for Ukraine, but other mandates will be tough
Italy's Prime Minister Giorgia Meloni speaks following the announcement of the partial results of the European Parliament elections, in Rome, Italy, June 10, 2024.The G7 summit in southern Italy is becoming high-profile mob scene. In addition to the G7 leaders themselves, A-list guests – among them Pope Francis, Ukrainian President Volodymyr Zelensky, Saudi Crown Prince Mohammed bin Salman Al Saud and the leaders of Brazil, Turkey and India – will make appearances.
Ms. Meloni, as host, will strut into the summit on a high note. Her Brothers of Italy party placed first in Sunday’searning her admiration from the other G7 leaders, three of whom have suffered severe blows in the run-up to the summit. The Ukraine file is at the top of her list. Unlike many parties on the populist and hard right, she supports Ukraine, the sanctions against Russia and has delivered weapons to the Ukraine military. The next step for her, and the other G7 leaders, is agreement on a plan to use the income from some US$300-billion in frozen Russian financial assets stashed abroad, mostly in Europe, to keep Kyiv in the fight.
The devil is in the detail, of course. For instance, the EU’s sanctions regime that froze the Russian assets needs unanimous renewal every six months by the 27 member governments. Were one to balk, say Russia-friendly Hungary, the freeze would lapse. On Tuesday, Hamas and Palestinian Islamic Jihad expressed “readiness to deal positively” with the Biden plan, which has been endorsed by the UN Security Council. The plan has triggered a backlash among the far-right factions in the government of Israeli Prime Minister Benjamin Netanyahu.
Summit Gaza Plan Agreement Issue Germany Leaders Palestinian Islamic Jihad Giorgia Meloni Christian Democrats
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