Japan ready to provide Ukraine with loan at interest from frozen Russian assets - Ambassador
Photo: Ambassador of Japan to Ukraine Matsuda Kinunori (Vitalii Nosach, RBC-Ukraine)
Japan is ready to provide Ukraine with a loan at interest from frozen Russian assets. Tokyo is working closely with its G7 partners and Ukraine on this, Japanese Ambassador to Ukraine Matsuda Kuninori says at the Make Russia Pay conference.
The Ambassador notes that Japan has promised and provided Ukraine with more than $12 billion in bilateral aid and plans to continue its support, especially in the energy sector, which is a priority ahead of the winter period.
“Regarding Russia's frozen assets, Japan is working closely with G7 partners and Ukraine to advance the discussion and implementation of external loans to accelerate revenue for Ukraine. And I reiterate Japan's position. That is, Japan is fully prepared to provide Ukraine with these loans,” he says.
Japan's assistance to Ukraine
Since the beginning of Russia's full-scale invasion of Ukraine, Japan has been actively supporting Ukraine. The Japanese government imposed sanctions against Russia and strongly condemned Russia's violation of Ukraine's territorial integrity and sovereignty.
Since Russia's full-scale invasion of Ukraine, Tokyo has provided over $10 billion in aid to Ukraine. The financial support is aimed at supporting Ukraine's state budget, social programs, and infrastructure restoration. Japan also provides significant assistance to Ukrainian refugees.
During a meeting on the sidelines of the UN General Assembly, President Volodymyr Zelenskyy and Japanese Prime Minister Fumio Kishida discussed a new energy aid package for Ukraine.
