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ID: 6Cn7p3Fb/pol/509220808#509223513
7/1/2025, 5:25:43 PM
>>509220808
Ukraine has received a $1.7 billion loan from Canada under the Group of Seven's (G7) Extraordinary Revenue Acceleration (ERA) initiative. These funds are backed by revenues from frozen Russian assets.
Thank you, Canada!
Prime Minister Denys Shmyhal stated that with this tranche, Ukraine has received approximately $17.6 billion since the beginning of the year through the immobilisation of Russian assets.
"We are grateful to Canada, Prime Minister Mark Carney and everyone involved in this initiative. We insist on the full confiscation of the frozen Russian assets. They are needed to compensate the victims of aggression and to rebuild our state. This will also be an act of justice to prevent aggressive wars in the future," Denys Shmyhal said.
Under the ERA mechanism, Ukraine is expected to get $50 billion in loans that will be repaid using future profits from frozen Russian assets.
https://x.com/Gerashchenko_en/status/1939981562587631911
Ukraine has received a $1.7 billion loan from Canada under the Group of Seven's (G7) Extraordinary Revenue Acceleration (ERA) initiative. These funds are backed by revenues from frozen Russian assets.
Thank you, Canada!
Prime Minister Denys Shmyhal stated that with this tranche, Ukraine has received approximately $17.6 billion since the beginning of the year through the immobilisation of Russian assets.
"We are grateful to Canada, Prime Minister Mark Carney and everyone involved in this initiative. We insist on the full confiscation of the frozen Russian assets. They are needed to compensate the victims of aggression and to rebuild our state. This will also be an act of justice to prevent aggressive wars in the future," Denys Shmyhal said.
Under the ERA mechanism, Ukraine is expected to get $50 billion in loans that will be repaid using future profits from frozen Russian assets.
https://x.com/Gerashchenko_en/status/1939981562587631911
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