Japan Signs Loan Agreement With Ukraine
Japan signed a loan agreement with Ukraine's government for the equivalent of 100 million dollars on Monday. It is part of a package of about 300 million dollars in support for the country facing an economic crisis caused by Russia's invasion.
The signing ceremony took place via video link. The president of the Japan International Cooperation Agency, Tanaka Akihiko, signed the document in Tokyo, while Ukrainian Finance Minister Sergii Marchenko sealed it in Kyiv.
Tanaka described the Russian invasion and humanitarian crisis as the greatest threat this century to the international order that shares democratic values. He stressed the need to resolutely deal with this threat.
Marchenko expressed his gratitude for Japan's assistance. He said Japan is supporting Ukraine in various ways, including economic aid, amid the crucial situation which Ukrainians are experiencing.
The Japanese government previously said that it would provide the loan for Ukraine's reconstruction and other economic measures.