Biden, Zelenskyy Strengthen Ties With New Security Agreement At G7 Summit

Zinger Key Points
  • Biden and Zelenskyy sign a security pact at G7 to oppose Putin.
  • Agreement includes a financial support plan using $50 billion from frozen Russian assets.

In a move that signals a unified front against Russian aggression, President Joe Biden and Ukrainian President Volodymyr Zelenskyy have inked a security agreement at the G7 summit.

What Happened: As reported by PBS, the pact was signed on Thursday at the G7 summit in Borgo Egnazia, Italy.

The agreement is seen as a clear message of joint opposition to Russian President Vladimir Putin.

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During the summit, the leaders expressed their firm opposition to Putin’s tactics, with Biden saying, “He [Putin] cannot wait us out, He cannot divide us.”

Zelenskyy highlighted the security deal as a testament to the “credibility of American support for our Ukrainian independence,” underlining the strategic partnership between the two nations, PBS reports.

This agreement comes at a crucial time as Ukraine seeks additional support to counter recent Russian advances in a conflict now entering its third year.

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Why It Matters: Alongside the security deal, negotiators at the summit agreed on a plan to support Ukraine financially, involving up to $50 billion backed by frozen Russian assets. This funding aims to bolster Ukraine’s defense against the ongoing Russian military aggression.

The summit also touched on other global challenges, including artificial intelligence, migration, and the geopolitical shifts caused by China's economic strategies. These discussions are part of the broader G7 agenda to reinforce global cooperation and stability in face of rising challenges.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

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Posted In: NewsPoliticsGlobalTop StoriesAI GeneratedG7G7 SummitJoe BidenRussiaStories That MatterUkraineUkraine-Russia WarVladimir PutinVolodymyr Zelenskyy
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