“The US is ready to allocate up to $20 billion from Russian assets to Ukraine October 20, 00:54 Share: the building of the US Embassy in Ukraine (Photo: REUTERS/Valentyn Ohirenko) The US is ready to allocate up to $20 billion to Ukraine. These funds will be allocated as part of the G7 loan, which will be repaid from the profits received from frozen Russian assets. This was reported by the Financial Times. The publication noted that negotiations on the loan are accelerating because Western officials”, — write on: ua.news
the building of the US Embassy in Ukraine (Photo: REUTERS/Valentyn Ohirenko)
The USA is ready to allocate up to 20 billion dollars to Ukraine. These funds will be allocated as part of the G7 loan, which will be repaid from the profits received from frozen Russian assets.
This is reported by the Financial Times.
The publication noted that negotiations on the loan are accelerating as Western officials want to provide funding to Kyiv by the end of the year, aware that if presidential candidate Donald Trump wins the US election, Washington’s aid to Ukraine could be cut off.
The G7 nations have been negotiating for months over the structure of the $50 billion loan agreed in June, with Washington’s contribution expected until recently to be less than originally planned because the EU failed to guarantee that Russian assets would remain immobilized for at least three years .
But on Friday, US officials told their G7 counterparts that Washington would provide the full original amount of about $20 billion.
According to them, this will be possible even if the EU fails to convince Hungarian Prime Minister Viktor Orbán to lift his veto on the extension of EU sanctions, a condition that Washington insists on.
According to two anonymous interlocutors, the G7 finance ministers, who will meet in Washington on October 25 on the sidelines of the IMF and World Bank meetings, should publish a statement with the distribution and structure of the loan.