Ukraine to Receive $3 Billion from Frozen Russian Assets via Japan

by Roman Cheplyk
Thursday, December 26, 2024
1 MIN
Ukraine to Receive $3 Billion from Frozen Russian Assets via Japan

Ukraine will receive an additional $3 billion from Japan, financed by proceeds from frozen Russian assets

This forms part of Japan’s larger package of humanitarian and financial assistance to Ukraine, which has already exceeded $12 billion.


Key Details

  • High-Level Call: Ukrainian President Volodymyr Zelensky had a conversation with Japan’s newly appointed Prime Minister, Shigeru Ishiba.
  • Massive Russian Shelling: During their discussion, Zelensky informed Ishiba about Russia’s large-scale missile attacks on Ukraine carried out over the Christmas holiday.
  • Support for a Just Peace: The Ukrainian president thanked Japan for its steadfast solidarity and the decision to channel ∗∗$3billion∗∗**\$3 billion** of Russian frozen assets toward Ukraine’s needs.
  • Additional Assistance: Beyond financial support, Japan will also supply energy equipment and allocate funds for constructing additional shelters in Ukraine.

Context

Japan’s commitment to Ukraine continues a global trend of leveraging frozen Russian assets to provide humanitarian and economic aid. According to President Zelensky, such support is critical for Ukraine’s stability and progression toward a just and enduring peace.

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