Key Facts
• Japanese Prime Minister Ishiba met Ukrainian President Zelensky for the first time.
• Japan has provided over $12 billion (approx. ¥1.7 trillion) in aid to Ukraine.
• In June, Japan signed a loan agreement for Ukraine’s reconstruction using profits from frozen Russian assets.
• The loan framework, announced at the 2024 G7 Summit, offers up to ¥471.9 billion.
• Ishiba emphasized Japan’s commitment to “fair and lasting peace” in cooperation with the G7.
• A Ukraine demining conference will be held in Japan on October 22, 2024.
• Zelensky expressed gratitude to Japan and criticized Russian aggression.
Summary
Japanese Prime Minister Ishiba and Ukrainian President Zelensky held their first summit, reaffirming Japan’s commitment to supporting Ukraine amidst ongoing conflict. Ishiba highlighted Japan’s substantial aid contributions, exceeding $12 billion, and detailed a new loan agreement for Ukraine’s reconstruction, leveraging profits from frozen Russian assets. This initiative, tied to a framework announced at the 2024 G7 Summit, will provide up to ¥471.9 billion. Additionally, Ishiba announced plans to host a Ukraine demining conference in Japan on October 22, 2024. Zelensky expressed gratitude for Japan’s support and condemned Russian aggression. The meeting underscored Japan’s dedication to fostering peace and aiding Ukraine’s recovery.
