The Group of Seven (G7) leaders have expressed concern over the ongoing conflict in Ukraine, specifically highlighting the fighting around Debaltseve. According to the G7 statement, Russian-backed separatist militias are operating beyond the agreed line of contact from the Minsk agreements of September 2014, resulting in numerous civilian casualties.
The G7 urged all involved parties to adhere strictly to the provisions outlined in the Minsk package and to begin implementing its measures immediately, starting with a ceasefire on February 15. "All parties should refrain from actions in the coming days that would hinder the start of the ceasefire," they stated. The G7 emphasized their readiness to adopt measures against those violating the Minsk package and increasing costs for violators, particularly targeting those who fail to observe the agreed comprehensive ceasefire and withdrawal of heavy weapons.
Additionally, the G7 reiterated their condemnation of Russia's annexation of Crimea, labeling it as illegal and a violation of international law.
In economic matters, the G7 welcomed an agreement reached on February 12 between the International Monetary Fund (IMF) and Ukraine's government regarding a new economic reform program supported by an IMF Extended Fund Facility. They anticipate prompt consideration by the IMF Executive Board. Financial assistance is being provided by G7 members to support Ukraine's efforts towards ambitious economic reforms aimed at restoring growth and improving living standards for its citizens. The G7 commended Ukraine's government for its commitment to implementing this reform agenda focused on economic, rule-of-law, and democratic reforms.