
Ukraine receives $1.5 billion in loans from World Bank
The loan, backed by guarantees from Japan and the U.K., was provided through the World Bank Trust Fund (Advance Ukraine).
The loan, backed by guarantees from Japan and the U.K., was provided through the World Bank Trust Fund (Advance Ukraine).
The leaders of Japan and the United States will meet in Washington, D.C. on April 10 to "strengthen the joint production system" for defense equipment in order to ship more arms to Ukraine, according to unnamed officials cited by the Japanese news outlet Yomiuri.
The Japanese Foreign Ministry also announced 15.8 billion yen ($105 million) in aid to Ukraine in the form of grants.
The newly finalized documents include an intergovernmental convention to avoid double taxation, an important step for Japanese business projects in Ukraine. The two governments also signed a memorandum of cooperation in education and technology.
The Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction, expected to gather around 300 people and 80 companies, aims to foster dialogue between government officials and business sectors from both countries.
Leaders of the world condemned the July 8 assassination of Shinzo Abe, the longest-serving prime minister in Japan’s history. Abe was fatally shot during a campaign speech in Nara, a city popular with tourists near Kyoto. The gunman was arrested by the police and admitted to shooting the politician.
Canada, Japan and Australia have joined the growing list of countries taking a stand against Russia by imposing new sanctions after Moscow officially ordered troops into Russian-occupied parts of Ukrainian Donbas. The U.S., the U.K., and the European Union had already unveiled sanctions targeting Russian officials and financial