The G7 foreign ministers agreed to hold the frozen assets of the Russian Federation until Moscow pays compensation to Ukraine. “Russia will have to pay for the damage and devastation it is causing to Ukraine and its people,” the Foreign Ministry of Italy stated. The ministers reaffirmed their determination to keep Russia’s sovereign assets in their jurisdictions immobilized until Moscow pays Ukraine for the damage it has caused. “The G7 members will continue to explore all possible ways to assist Ukraine in obtaining compensation from Russia in accordance with their legal systems and internati…