Japan to provide Ukraine with $ 3 bn from Russian assets

Japan to provide Ukraine with $ 3 bn from Russian assets

Japan has become the latest G7 country to extend financial support to Ukraine using the ERA mechanism that utilizes profits from immobilized Russian assets.

Japan Just Gave Ukraine $3 Billion from Russian assets - The Sarkari Form

Japan has become the latest G7 country to extend financial support to Ukraine using the ERA…

The grant is part of the G7 Extraordinary Revenue Acceleration (ERA) program for Ukraine, which aims to provide Kiev with 50 billion dollars (43.8 billion euros) for reconstruction and defense needs, according to the daily Kyiv Independent. The newspaper adds that the loan will be repaid with funds from around 300 billion dollars (263 billion euros) in Russian sovereign assets fixed in the accounts of the members of the G7, made up of the most i…

Japan signed an agreement with Ukraine that grants Kiev a loan of 471.9 billion yen (2.9 billion euros) covered by frozen Russian assets, Ukrainian media reported.

Live: Ukraine and Japan signed an agreement under which Kyiv will receive...

Japan on Friday signed an agreement with Ukraine to provide Kiev with a $3 billion loan, backed by Russian assets, Kiyv Independent notes. The sum is part of the G7 Extraordinary Revenue Acceleration Program for Ukraine, which aims to provide Kiev with $50 billion for reconstruction and defense needs.