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Yesterday, Prime Minister Justin Trudeau met with the Chancellor of Germany, Olaf Scholz, on the margins of the G7 Summit in Apulia, Italy.

The Prime Minister and the Chancellor reiterated their unwavering support for Ukraine in the face of Russia’s ongoing, illegal, and unjustifiable aggression. They stressed the importance of G7 unity and global solidarity in supporting a just and sustainable peace in Ukraine and looked forward to participating in the Summit on Peace in Ukraine, to be held on June 15 to 16, 2024, in Switzerland.

As the G7 finalizes the delivery of Extraordinary Revenue Acceleration Loans, Prime Minister Trudeau reiterated that Canada is prepared to contribute $5 billion to this initiative, which brings forward future revenues from frozen Russian sovereign assets to support Ukraine. 

Prime Minister Trudeau and Chancellor Scholz highlighted the close relationship between Canada and Germany and discussed continued collaboration in areas of shared priority, including advancing clean energy and the development of critical minerals supply chains. They noted the importance of facilitating offtake agreements to support early access in Germany for clean Canadian hydrogen producers, which will strengthen both Canada’s and Germany’s efforts to fight climate change and enhance energy security. 

The leaders agreed to remain in close contact and looked forward to seeing each other again soon in Switzerland for the Summit on Peace in Ukraine.

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