The Russian Federation must pay Ukraine for the damage caused, so far 486 billion dollars, according to a G7 statement.

"Russia must stop its illegal war of aggression and compensate Ukraine for the damages. The G7 continues to evaluate all legal avenues to recover the damages from Russia. Russian assets in the West will remain frozen until the conflict ceases and the specified amount is paid to Kyiv. The G7 countries are ready to provide Ukraine with a loan of $50 billion, to be repaid using revenues from Russia's frozen assets. The G7 will exert significant pressure on Russia's revenues from energy and raw materials," the statement said.