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G7 leaders firm on truce in Gaza, support to Ukraine

PARIS, June 14 (KUNA) -- The G7 leaders asserted Friday on their complete support to the US proposed ceasefire deal on Gaza and enduring end to the crisis.
In their second day, the leaders issued a statement saying "we fully endorse and will stand behind the comprehensive deal outlined by President Biden that would lead to an immediate ceasefire in Gaza, the release of all hostages, a significant and sustained increase in the flow of humanitarian assistance throughout Gaza, and an enduring end to the crisis, with Israel's security interests and safety for Palestinian civilians in Gaza assured." "We urge all parties to facilitate rapid and unimpeded passage of humanitarian relief for civilians in need, in particular women and children," the statement added.
"Securing full, rapid, safe, and unhindered humanitarian access in all its forms, consistent with international humanitarian law, and through all relevant land crossing points, including the Rafah crossing, through maritime delivery routes, including through Ashdod Port, and throughout all of Gaza remains an absolute priority.
The statement agreed that it is critical that UNRWA and other UN organizations and agencies' distribution networks be fully able to deliver aid to those who need it most, fulfilling their mandate effectively.
"We are deeply concerned by the consequences on the civilian population of the ongoing ground operations in Rafah, and the possibility of a full-scale military offensive that would have further dire consequences for civilians. We call on the Government of Israel to refrain from such an offensive," the statement added.
Meanwhile, on Ukraine, the G7 leaders reaffirmed their unwavering support for Ukraine for "as long as it takes." The statement added, "together with international partners, we are determined to continue to provide military, budget, humanitarian, and reconstruction support to Ukraine and its people." "We remain strongly committed to helping Ukraine meet its urgent short-term financing needs, as well as supporting its long-term recovery and reconstruction priorities," the statement added.
"Russia must end its illegal war of aggression and pay for the damage it has caused to Ukraine.
These damages now exceed USD 486 billion, according to the World Bank. It is not right for Russia to decide if or when it will pay for the damage it has caused in Ukraine," the statement said.
With a view to supporting Ukraine's current and future needs in the face of a prolonged defense against Russia, the G7 will launch "Extraordinary Revenue Acceleration (ERA) Loans for Ukraine", in order to make available approximately USD 50 billion in additional funding to Ukraine by the end of the year.
Therefore, without prejudice to possible other contributions and standing together, the G7 intends to provide financing that will be serviced and repaid by future flows of extraordinary revenues stemming from the immobilization of Russian Sovereign Assets held in the European Union and other relevant jurisdictions. (end) ma.mb