Japan has become one of the countries in the Western camp that has donated the most money to Ukraine

Mondo International Updated on 2024-02-20

In order to exert its international influence commensurate with its economic strength, and at the same time to help Ukraine defeat Russia and recover the four northern islands, Japan is sparing no effort to provide economic and humanitarian aid to Ukraine, and at the same time providing Ukraine with "Patriot" air defense missiles produced by Japan authorized by the United States in disguise, becoming one of the countries in the Western camp that are most supportive of Ukraine.

On February 19, the Japan-Ukraine Conference on Promoting Economic Growth and Reconstruction was held in Tokyo. The meeting was attended by Japanese Prime Minister Fumio Kishida and Ukrainian Prime Minister Denis Shmyhal, as well as representatives of about 130 companies from both countries. Discussions will focus on bilateral cooperation in seven areas, including agriculture and infrastructure.

Japan announced the revision of its bilateral tax treaty with Ukraine and the review of investment cooperation agreements, which will encourage Japanese companies to enter the Ukrainian market and actively participate in the reconstruction of Ukraine. The revision of the tax treaty is expected to reduce the taxes levied on Japanese companies in Ukraine, putting them on an equal footing with Western companies.

At the meeting, Japan** unveiled a joint assistance package for the private and public sectors in Ukraine. Japan is committed to providing long-term assistance to Ukraine to help stabilize its economy and finances. Japan** will also relax the conditions for the issuance of business visas to heads of Ukrainian enterprises and set up a Japan** revitalization office in Kyiv.

According to Japan's **February 19**,Japan will provide $12.1 billion in aid to Ukraine, of which Kyiv will receive $4.7 billion by the end of February. This is more than double the amount of aid that Ukraine's finance ministry had previously projected. Previously, according to statistics published by the Ministry of Finance of Ukraine,In the first quarter of 2024, Japan is expected to become the largest financial donor to Ukraine, with the total amount of aid pledged by Japan reaching about $2.2 billion.

In his speech, Shmygal revealed that since the outbreak of the Russia-Ukraine conflict, Japan has provided more than $10 billion in various supports to Ukraine, making it the fourth largest donor to Ukraine; In the future, "we are willing to work with Japan on the modernization and reconstruction of Ukraine, and hope that Japan will become part of the Ukrainian economic miracle." ”

Japan's aid is mainly implemented through five World Bank projects: the Ukraine Peace Project, the Inspire Project, the ARISE Project, the HOPE Project, and the Development Policy Loan Program. Japan has also provided funding for international projects initiated by Ukraine through the Japan International Cooperation Agency (JICA). Some Japanese companies also provide ** support to Ukraine indirectly through secret donations to support Ukraine in Europe.

Ukrainian Prime Minister Shmygal said that Ukraine is studying Japan's modernization experience in order to let the world see the "Ukrainian economic miracle". February** Dynamic Incentive Program

Japan has become one of the most powerful countries in aiding Ukraine).

Related Pages