A proposed $50 billion loan for Ukraine, using frozen Russian assets, faces delays as G7 nations negotiate legalities and compliance with both U.S. and European laws.
The plan to aid Ukraine through a loan backed by Russian central bank assets has been complicated by legal differences between the United States and European countries.
European nations hesitated to endorse the outright seizure of frozen Russian assets, ultimately settling on a method that would use the interest generated for Ukraine's support.
With the potential for political changes in the U.S. looming, the urgency for finalizing the financial aid package for Ukraine is increasingly critical for the G7.
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