The G7 finance ministers reiterated their "full, convinced support for Ukraine" during a gathering within the framework of the International Monetary Fund meetings. The ministers also reiterated the intention to use frozen Russian assets to support Kyiv.

Italy, which is the G7 duty president, has invited Ukrainian Finance Minister Sergii Marchenko to the finance ministers' meeting in Washington, D.C. from May 23 to 25. The finance ministers are meeting to discuss how to reduce Iran's nuclear program, which has been a source of tension in the region. The talks are expected to take place at the White House and the State Department.