Japan working to provide Ukraine with loans using frozen Russian assets – ambassador

Japanese Ambassador to Ukraine Kuninori Matsuda said this at the Make Russia Pay international conference, according to an Ukrinform correspondent.

"Regarding Russia's frozen assets, Japan is working and will be working in close coeration with G7 partners and Ukraine to advance discussions on and implementation of the extraordinary revenue acceleration loans for Ukraine. And I reiterate again Japan's position. That is, Japan is fully prepared to extend these loans to Ukraine," he said.

Read also: Kishida to Zelensky: Japan will continue to actively support Ukraine

Matsuda expressed confidence that reparations from Russia would be the foundation for deterring future aggressions. The diplomat stressed that it is not Russia that will decide when and how it will pay for the damage to Ukraine: "Never ever give the initiative to the other side of this aggression."

"Russia's sovereign assets in our jurisdictions will remain immobilized and frozen until Russia ends its aggression and pays for all the damage it has caused to Ukraine. This is a sely legal and pitical guarantee," the ambassador said.