The US and EU will contribute $20 billion, and Japan, the UK and Canada will split the remaining $10 billion.
Japan plans to give Ukraine a $3.3 billion loan as part of the support G7 members will provide to Ukraine using interest from Russian sovereign assets frozen as part of sanctions against the Russian Federation. Kyodo writes about this in relation to diplomatic sources.
It was noted that G7 members agreed on aid at a summit in Italy in June, planning to allocate $50 billion in support to Ukraine.
The United States and the European Union are expected to contribute $20 billion each, while Japan, Britain and Canada will split $10 billion.
France, Germany and Italy are unlikely to participate in the loan program because the EU already has a similar support plan, the sources said.
G7 finance ministers and central bankers are poised to discuss the issue when they gather in Rio de Janeiro later this month on the sidelines of a meeting with their G20 counterparts.
Let’s recall that in June the G7 countries agreed on a plan to provide Ukraine with a loan of $50 billion. It will be paid from the proceeds of Russian assets.
The European Commission promised “as soon as possible” to present a draft plan to provide loans to Ukraine in the amount of $50 billion at the expense of Russian fixed assets.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.