At a summit in Germany, the leaders of the G7 countries agreed to transfer money from the increase in customs duties on russian export to Ukraine, the White House website informs.

"President Joe Biden and other G7 leaders will seek permission to use the revenue from new tariffs on russian goods to help Ukraine and ensure that russia pays the costs for its war,"-  the report said.

Biden also emphasized that the United States will introduce higher tariff rates on more than 570 groups of russian goods worth approximately 2,3 billion US dollars.

"These measures will limit russia's ability to obtain economic benefits from sales to the US market; they are carefully selected to impose costs on russia and minimize costs to American consumers," the White House said in a statement on the website.

On Monday, June 27, the leaders of the G7 countries published a joint statement on support for Ukraine. It states that the G7 countries will provide financial, humanitarian, military and diplomatic assistance to Ukraine "as much as it needs".

Reference source: League. Finance