Japan will provide Ukraine with a loan in the amount of slightly more than USD 3 billion within the framework of the agreements of the G7 countries. It will be repaid at the expense of revenues from the frozen assets of the aggressor country russia.
It was reported by the Japanese Nikkei agency on October 28.
The agency recalled that earlier this year Italy, which chairs the G7, published detailed information on the share and financing of each country.
Of the approximately USD 50 billion, the United States will allocate USD 20 billion, the European Union – EUR 18.1 billion, Canada – CAD 5 billion, and the United Kingdom – GBP 2.2 billion.
Japan, within the framework of the agreements of the G7 countries, will provide Ukraine with almost JPY 472 billion (a little more than USD 3 billion). These funds will be financed by the Japan International Cooperation Agency (JICA). The loan will be financed through the World Bank fund.
It is emphasized that Japan will control that the allocated funds are not used for military purposes.
It is noted that loans from the G7 countries will begin to be granted already in December of this year and will be implemented no later than December 2027.
As the Ukrainian News agency earlier reported, on October 23, U.S. Treasury Secretary Janet Yellen announced that Washington would provide Ukraine with a USD 20 billion loan within the framework of the G7 agreements.
Recall, the day before media reported that the G7 will not unfreeze the assets of the russian federation after the end of the war. They will be held until compensation for damages is paid to Ukraine.
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