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08:13 19 May 2022

Japanese government to provide Ukraine with an additional loan of $300 million

Photo: Japanese Embassy in Ukraine

The Japanese government has decided to provide Ukraine with an additional loan of $300 million to support Ukraine in the war against russia

NHK reports.

According to the publication, the government supports Ukraine with humanitarian and financial assistance. Japan is discussing concrete means to offer more support to Ukraine.

According to NHK, earlier this week Japan signed a $300 million loan agreement with Ukraine.

Subsequently, Japan decided to increase the loan amount to $600 million for humanitarian needs.

Prime Minister Kisida Fumio plans to announce the decision at a summit with US President Joe Biden on Monday.

Prime Minister Kisida Fumio seeks to reaffirm with Biden the readiness of G7 countries to demonstrate unity and continue to help Ukraine

And to put more pressure on russia with new sanctions.

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