Japan to extend $300 million in loans to Ukraine

Japan plans to treble loans to Ukraine from $100 million to $300 million.

Japanese Prime Minister Fumio Kishida said this in a video call with U.S. President Joe Biden and other leaders, Ukrinform reports, citing Reuters.

"Japanese Prime Minister Fumio Kishida told a video call with U.S. President Joe Biden and other leaders that Tokyo now plans to extend $300 million in loans to Ukraine, up from an original offer of $100 million," the news agency said, quoting the Japanese Foreign Ministry.

Earlier, the Japanese Defense Ministry said it would send to Ukraine a batch of nuclear, biological and chemical (NBC) suits and masks, as well as unmanned aerial vehicles, to help the country fight off a Russian invasion.

Ukrainian Prime Minister Denys Shmyhal said earlier that Ukraine had agreed to receive 13 billion yen in financial support from the Japanese government and also signed an agreement for 500 million Canadian dollars in support from Canada to finance the country's primary needs.

Photo: Kyodo