Japan helps Ukraine from Russia’s pocket
The Japanese government plans to finance a new financial aid for Ukraine from Russian assets.
According to Webangah News quoted by Mehr News Agency, citing Rashatudi, the Japanese government plans to provide Ukraine with a new loan using Russia’s confiscated assets.
The Kyodo news agency reported on Wednesday, citing diplomatic sources, that Tokyo will pay Kiev a $3.3 billion loan. This loan is supposed to be financed through the revenues from the frozen Russian assets.
The amount of the loan is about 6 percent of the loan that the Group of Seven agreed upon during their meeting in Italy in June. In this meeting, the leaders of the Group of 7 agreed on using the profits of Russia’s frozen funds to finance a 50 billion dollar loan to help Kiev.
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