The Kyiv Independent: Japan to transfer $3 billion from frozen Russian assets to Ukraine, Zelensky says

[Dennis Donovan]

The Kyiv Independent - Japan to transfer $3 billion from frozen Russian assets to Ukraine, Zelensky says

by The Kyiv Independent news desk
December 25, 2024 8:16 PM



Japan is poised to allocate an additional $3 billion dollars from frozen Russian assets to Ukraine, President Volodymyr Zelensky reported on Dec. 25.

In a phone call with Japanese Prime Minister Shigeru Ishiba, Zelensky expressed his gratitude for Japan's previous aid to Ukraine, which has totaled $12 billion and "makes it possible to save thousands of lives."

"I told Prime Minister Ishiba about Russia's massive shelling of Ukraine's energy infrastructure on Christmas night and thanked Japan for its readiness to work toward achieving a just and lasting peace as soon as possible," Zelensky said.

Ukraine received $1 billion from Japan and the U.K. through the World Bank’s Growth Foundations Development Policy Loan (DPL) program on Dec. 24. The funds are intended for use in the social and humanitarian spheres.

Zelensky also met with Japanese Foreign Minister Takeshi Iwaya during his visit to Kyiv back in mid-November. The two reportedly discussed Japan's growing concern over the reported presence of North Korean troops on the front line in Russia's Kursk Oblast.

/snip

[Lovie777]

1. Good news................

[Baitball Blogger]

2. Now that's foreign leadership.

If Russia sees other countries doing the same, Putin will get a reality check.

[oasis]

3. Japan knows what's at stake. nt

[BoRaGard]

4. Unlike the russians and repubicans, Japan values honesty and democracy

[surfered]

5. Great!

[Figarosmom]

6. Good

I love that others are stepping in.

[electric_blue68]

7. Thank you, Japan!