Ukraine receives 1st tranche of US aid generated from frozen Russian asset profits: Premier
![]() 4551 Tuesday, 24 December, 2024, 22:31 Ukrainian Prime Minister Denys Shmyhal on Tuesday said Kyiv has received the first tranche of aid from the US that came from the profits of frozen Russian assets. Shmyhal said in a statement on X that Ukraine has received $1 billion from the US, which is part of Washington’s proposed $20 billion financing for the war-torn country as part of the Group of Seven’s (G7) loan initiative. “We are grateful to US partners and @WorldBank for this important step towards justice. We expect all russian sovereign assets to be confiscated and used for the reconstruction of #Ukraine,” Shmyhal added. During a summit held in Italy back in June, G7 leaders agreed to launch the Extraordinary Revenue Acceleration Loans for Ukraine initiative to make available about $50 billion in additional funding to Kyiv by the end of the year. According to a G7 leaders’ statement in late October, the loans provided under the initiative will be serviced and repaid by future profits from frozen Russian assets and will be disbursed through multiple channels to "support Ukraine’s budgetary, military and reconstruction assistance.” On Dec. 10, the US Departmen |
Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September (video)
161Yesterday, 22:06Mexico hopes to reach agreement with US on tariffs
62613.07.2025, 00:52Macron: "European Commission to speed up preparation of countermeasures to US tariffs"
57412.07.2025, 22:22Ukraine and Azerbaijan discussed cooperation in the energy sector
77212.07.2025, 21:52From August 1st a 30% duty will be imposed on goods imported from the EU and Mexico to the US
60812.07.2025, 21:20"7 organizations were allowed to export flowers from Armenia to Russia" - Rosselkhoznadzor
81411.07.2025, 16:26Brazil vows to match US tariffs after Trump threatens 50% levy
85710.07.2025, 19:04Slovakia maintains veto on new package of EU sanctions against Russia
103309.07.2025, 20:46