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Japan issues $1.5 bln loan to help Ukraine stabilize its economy

May 19, 2015, 23:47 UTC+3 KIEV
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KIEV, May 19. /TASS/. Deputy head of the Ukrainian president’s administration Valery Chaly met on Tuesday with Japanese Deputy Foreign Minister Ysumasa Naramine to discuss Japan’s loan of 1.5 billion U.S. dollars to Ukraine, the press service of the Ukrainian head of state reported.

"Chaly thanked the Japanese side for the large-scale financial aid to Ukraine, in particular for issuing a loan of 1.5 billion U.S. dollars to implement a number of projects geared to support development," the press service said.

The Japanese government also extended an additional aid of 316 million U.S. dollars to stabilize Ukraine’s economy and support reforms.

Apart from that, the sides discussed the implementation of the Minsk agreement and perspectives of the deployment of a United Nations-led international peacekeeping mission in Ukraine.

"Chaly noted that Japan’s position was very important, especially ahead of a Group of Seven summit due to be held on June 7-8 in Germany. Ukraine expects this summit to focus attention on the problem of peace settlement of the situation in Donbass," the press service said.

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