Japan allocates $3 billion loan to Ukraine using Russian assets
Photo: Volodymyr Zelenskyy and Takeshi Iwaya (screenshot from the video)
Japan has allocated $3 billion to Ukraine as part of a $50 billion G7 loan initiative. This amount will be repaid from the proceeds of the frozen Russian assets, Ukrainian President Volodymyr Zelenskyy says.
In particular, today the Ukrainian President met with the new Japanese Foreign Minister Takeshi Iwaya. Zelenskyy emphasized that it was important that the first visit of a Japanese diplomat to another country immediately after the appointment of the new government was to Ukraine.
“Thank you for your consistent support of Ukraine's sovereignty and territorial integrity, as well as for the significant financial and humanitarian assistance from Japan, in particular for the transfer of a new package of assistance to our energy sector,” Zelenskyy wrote.
He also informed and thanked Japan for allocating $3 billion as part of the G7 decision on a $50 billion loan.
In addition, Japanese Foreign Minister Takeshi Iwaya met with Ukrainian Prime Minister Denys Shmyhal. After the meeting, the head of the Ukrainian government said that Ukraine and Japan are strengthening cooperation in the field of information security. The parties signed a corresponding agreement.
Denys Shmyhal also discussed with Takeshi Iwaya the prospects for Ukrainian-Japanese cooperation. He added that Japan is a leader among leaders in supporting Ukraine. In particular, the total amount of assistance has already reached $12.1 billion.
“Support for the energy sector is especially important for us. We are grateful for the transferred energy equipment and look forward to further assistance. Another key area of cooperation is humanitarian demining. I thanked him for the demining equipment and vehicles, as well as the funded training for State Emergency Service of Ukraine specialists. We also discussed strengthening sanctions against Russia,” the Prime Minister of Ukraine said.
In addition, Takeshi Iwaya assured that Japan will do everything to restore Ukraine through the support of the public and private sectors.
Today, November 16, Japanese Foreign Minister Takeshi Iwaya made an unannounced visit to Ukraine. He held talks with representatives of Ukraine's authorities.
