Canadian loan of 120 million | Ukrainian President hails ‘exemplary partnership’

(OTTAWA) Ukraine’s president on Saturday thanked Canada for the $120 million loan aimed at helping the country’s economy cope with Russian military buildup on its border.

Posted at 1:54 p.m.

Volodymyr Zelensky issued a statement through the Ukrainian Embassy in Ottawa to say that this loan represents another example of the “exemplary partnership” between the two countries.

The statement, written by Ukrainian Chargé d’Affaires in Canada, Andrii Bukvych, expresses the country’s gratitude to Canada for the financial support granted to it in collaboration with its international partners. Ukraine also thanks Canada for calling any Russian aggression “totally unacceptable”.

Ukraine says it is optimistic to receive technical assistance to resist cyberattacks and obtain export financing.

On Friday morning, Ukraine was more demanding, demanding weapons and tougher sanctions against Russia.

Federal Prime Minister Justin Trudeau said Friday that the loan was in response to a request for support from the Ukrainian government.


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