The agreement was formalized on April 18, 2025, in Kyiv.
Key Features of the Loan
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Loan Amount & Tenor:
– $3 billion over 30 years -
Repayment Source:
– Serviced through future revenues generated by frozen Russian sovereign assets -
Purpose:
– Priority state budget needs (social programs, public services)
– Reconstruction and development projects across Ukraine
Signing Ceremony
The financing accord was signed by:
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Serhiy Marchenko, Minister of Finance of Ukraine
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Masashi Nakagome, Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine
“Japan is a vivid example of international solidarity,” Marchenko said. “In three years, Japan has already provided over $8.5 billion in budget support to Ukraine.”
G7 ERA Mechanism in Context
The ERA initiative, launched by G7 members, aims to mobilize $50 billion in emergency funding for Ukraine’s wartime budget and rebuilding. Japan’s tranche strengthens the mechanism’s capacity to deliver:
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Short‑Term Relief: Filling immediate budget gaps
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Medium‑Term Recovery: Funding infrastructure repairs and social services
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Long‑Term Stability: Tied to sustainable repayment from seized Russian assets
Broader Japanese Support
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Total Japanese Assistance: Over $11.5 billion when combined with previous loans and grants
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Expo 2025 Participation: Ukraine’s “Not for Sale” pavilion in Osaka highlights “Values of the Future: Actions Beyond Declarations,” underscoring Japan–Ukraine collaboration on global stages
Diplomatic Solidarity
Both Japan and NATO continue to condemn Russia’s aggression as a breach of international law and support diplomatic efforts for a just, lasting peace in Ukraine. Japan’s loan marks another milestone in its commitment to Ukraine’s sovereignty and recovery.
By leveraging seized‑asset revenues and long‑term financing, Ukraine aims to stabilize its economy, restore critical infrastructure, and pave the way for sustainable growth—reinforcing the strategic alliance between Kyiv and Tokyo.
