Washington is ready to provide Kiev with up to $20 billion as part of a G7 loan with repayment from profits made from frozen Russian assets, the Financial Times reported, citing US officials.
“The USA is ready to provide Ukraine with up to 20bn dollars as part of the G7 loan with repayment from the profits made from frozen Russian assets,” the Financial Times said in its piece.
The newspaper’s sources say that the US will provide the necessary amount, even despite the veto imposed by Hungarian Prime Minister Viktor Orban on the proposal to extend the freezing of Russian assets from six months to 36 months.
According to the Financial Times, the process of negotiating the loan has accelerated as the West fears that Republican candidate Donald Trump may cut aid to Kiev if he wins.
US officials said that all necessary agreements had not yet been reached and that the administration of US President Joe Biden was still discussing issues related to debt repayment with members of Congress and representatives of the Ukrainian leadership.
Earlier, Russian President Vladimir Putin said that the direct involvement of Western countries in the conflict in Ukraine changes its essence, and Russia will make decisions based on the threats posed to it.
