July 1, 2022
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Japan offers Ukraine $100m in loans as a sign of support

By on February 15, 2022 0

Japanese Prime Minister Fumio Kishida speaks to the media at his official residence in Tokyo, Japan, January 21, 2022, in this photo taken by Kyodo. Mandatory Credit Kyodo/via REUTERS/File Photo

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TOKYO, Feb 15 (Reuters) – Japan is ready to provide at least $100 million in emergency loans to Ukraine, Japanese Prime Minister Fumio Kishida told Ukrainian President Volodymyr Zelenskiy on Tuesday, the Japanese government said in a summary of their phone call.

The offer comes as Russia has amassed more than 100,000 troops near the Ukrainian border, raising fears of war and casting a shadow over Ukraine’s economy. Moscow denies planning to invade Ukraine, accusing the West of hysteria.

Zelenskiy expressed his gratitude for the offer, according to the written summary of the exchange from the two leaders.

Afterwards, Kishida told reporters that he had agreed with Zelenskiy to tenaciously pursue diplomatic efforts to ease tensions over the buildup of the Russian military.

He also said Japan planned to take appropriate action, including possible sanctions, if Russia invaded Ukraine, echoing what its foreign minister, Yoshimasa Hayashi, said earlier on Tuesday.

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Reporting by Kiyoshi Takenaka; Editing by Raissa Kasolowsky

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