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Ukraine signs $100 million loan agreement with Japan.

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On May 16, Finance Minister Serhiy Marchenko and the President of the Japan International Cooperation Agency Akihiko Tanaka signed a loan to cover social payments, including for internally displaced people amid ongoing war with Russia. The repayment period of the loan is 30 years with an interest rate of 1% per annum, including a grace period of 10 years.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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As Ukraine negotiates a peace agreement with the U.S., soldiers on the ground face a different reality: holding the line with shrinking infantry numbers and almost no rotation. For nearly six months, two Ukrainian soldiers, Oleksandr Tishaiev and Oleksandr Aliksieienko, were trapped in the same battered position on the Zaporizhzhia front, unable to rotate as Russian drones monitored every path in and out.

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