An in-person meeting between Ukrainian President Volodymyr Zelenskyy and U.S. President Joe Biden is currently underway in Lithuania's capital.

Zelenskyy took to Twitter on Wednesday evening to announce that their bilateral meeting in Vilnius "has begun." It's the third face-to-face meeting to take place between the two leaders this year.

"The focus is on security and everything that enhances it," Zelenskyy tweeted. "It will be meaningful."

In a joint declaration released Wednesday, the leaders of the Group of Seven reaffirmed their "unwavering commitment to the strategic objective of a free, independent, democratic and sovereign Ukraine."

"We will stand with Ukraine as it defends itself against Russian aggression, for as long as it takes," the joint declaration states.

G-7 leaders wrote in the joint declaration that they are working to "formalize" their "enduring support to Ukraine as it defends its sovereignty and territorial integrity, rebuilds its economy, protects its citizens, and pursues integration into the Euro-Atlantic community."

They also said they will "work with Ukraine" on an "enhanced package of security commitments and arrangements in case of future aggression to enable Ukraine to defend its territory and sovereignty."

The G-7 is an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

-ABC News' Ellie Kaufman

Ukrainian President Volodymyr Zelenskyy applauded the "outcome" of the annual NATO summit on Wednesday, describing the new commitments to his country as a "significant security victory."

"Ukrainian delegation is bringing home significant security victory," Zelenskyy said in brief remarks alongside world leaders in Lithuana's capital. "For our country, for our people, for our children."

Zelenskyy's laudatory tone was a sharp departure from his comments on Twitter the previous day. He told reporters that the long-term commitments announced by G-7 leaders on Wednesday would "absolutely" open "new security opportunities" and that he was "grateful."

"I thank everyone who made it possible," he added.

-ABC News' Cheyenne Haslett

G-7 leaders including U.S. President Joe Biden stood alongside Ukrainian President Volodymyr Zelenskyy in Lithuania's capital on Wednesday to announce a new long-term security package for Ukraine's future, while reaffirming that Kyiv has a place in NATO -- but not yet.

"All our allies agreed Ukraine's future lies in NATO. That's not a surprise to any of us, I don't think. I hope it's not a surprise to you, Mr. President," Biden said, turning to Zelenskyy during the press conference in Vilnius.

"Ukraine continues to make progress on necessary reforms," he added. "But we're not waiting for that process to be finished to make the long-term commitments that we're making to Ukraine security."

The U.S. commander in chief said he and Zelenskyy discussed what guarantees could be made to Ukraine during his visit to Kyiv earlier this year.

"Today, the members of the G-7 are launching the Joint Declaration of Support for Ukraine to make it clear that our support will last long into the future," Biden told reporters. "This starts the process by which each of our nations and any other nation who wishes to participate will negotiate long-term bilateral security commitments with and to Ukraine."

"We're going to help Ukraine build a strong, capable defense across land, air and sea," he added, "from which will be a force of stability in the region and deter against any and all threats."

-ABC News' Molly Nagle

U.S. President Joe Biden will make a "memorable speech" before world leaders in Lithuania's capital on the final day of a high-stakes NATO summit, according to National Security Council Senior Director for Europe Amanda Sloat.

Biden's remarks on Wednesday afternoon will focus on similar themes to what he said during his speech in Poland in late February marking one year since Russia waged war on Ukraine.

"President Biden will talk about the strength of the NATO Alliance and how it remains a force for global security and stability, as it has for more than seven decades. He'll talk about how NATO is more vital to our shared future and that didn't happen by accident," Sloat told reporters during a press briefing in Vilnius on Wednesday morning.

"As the president has talked about before, Vladimir Putin thought he could break our resolve when he invaded Ukraine. But our NATO allies and our partners around the world responded by coming together to support the brave people of Ukraine as they defend their freedom, their independence and their democracy," she added.

Beyond addressing the strength of the NATO alliance and the importance of standing by Ukraine, Biden will also look to pitch cooperation like we've seen for Ukraine to tackle other major challenges facing the world, "including the climate crisis, emerging technologies, upholding the international rules of the road and expanding opportunities so we build an economy where no one gets left behind," according to Sloat.

-ABC News' Molly Nagle