Japan to extend another $300M loan to Ukraine


The Japanese government has decided to grant Ukraine an additional $300 million loan to support the country, which continues to resist Russia’s invasion.

That’s according to NHK, Ukrinform reports.

Earlier this week, Japan signed a $300 million loan agreement with Ukraine. With the latest decision, Japan is extending a total of $600 million in loans to the country.

Japan’s Prime Minister Kishida Fumio plans to brief Japan’s decision at his summit meeting with U.S. President Joe Biden next Monday.

Kishida is also eager to confirm with Biden the Group of Seven nations’ readiness to show unity and continue to provide assistance to Ukraine, and to apply more pressure on Russia through more sanctions.

The Japanese government has been supporting Ukraine and its surrounding nations with humanitarian and financial assistance.

On February 24, Russia launched a new phase of its war against Ukraine – a full-scale invasion. Russian invaders are shelling and bombing Ukrainian cities, towns and villages, torturing and killing civilians.

The United States, the European Union, the United Kingdom, Japan and other countries have imposed sanctions on Russia.

Source: Japan to extend another $300M loan to Ukraine

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