G7 leaders welcomed their Ukrainian counterpart with open arms, announcing a $50 billion loan and an agreement to use frozen Russian assets to help kyiv defend itself.
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“Today, the United States is sending a strong signal of our strong support for Ukraine.” In a press release published Thursday, June 13, the Joe Biden administration announced the signing of a 10-year security agreement with the country at war since the invasion of Russia in February 2022. Announced shortly before the signing ceremony between the American president and Volodymyr Zelensky, this agreement saw the light of day on the sidelines of the G7 summit, which is being held in southern Italy and to which the Ukrainian president was invited.
This bilateral agreement paves the way for integration into NATO, declared President Volodymyr Zelensky. The agreement “Stipulates that the United States supports Ukraine’s future integration into NATO and recognizes that our security agreement paves the way for Ukraine’s integration into NATO,” he said during a joint press conference with Joe Biden following the signing ceremony.
Ukraine also signed another ten-year bilateral security agreement on Thursday, this time with Japan, another member country of the “Group of 7”.
This agreement with Japan notably releases 4.5 billion dollars for this year, announced the leaders of the two countries, with Ukrainian President Volodymyr Zelensky welcoming “a unique document with one of the most economically and technologically advanced countries in the world.”
Under the agreement, kyiv will receive aid for its security and defense, as well as its reconstruction, but also in areas such as cybersecurity and the fight against Russian disinformation campaigns. “In 2024, Japan will provide Ukraine with $4.5 billion and will continue to support us during the ten years of the agreement,” rejoiced Volodymyr Zelensky on X, thanking Tokyo for its “unfailing solidarity”. Including funds pledged for 2024, Japan has provided $12.1 billion in aid to Ukraine so far.
G7 leaders welcomed their Ukrainian counterpart with open arms, announcing a $50 billion loan and an agreement to use frozen Russian assets to help kyiv defend itself. This agreement shows Russian President Vladimir Putin that we cannot “don’t back down”said US President Joe Biden.