US to pay $20 billion into loan for Ukraine – FT ...News

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US to pay $20 billion into loan for Ukraine – FT
The contribution will be repaid using profits generated by Moscow’s frozen assets, the paper reports The US is set to provide up to $20 billion to Ukraine as part of a G7 loan, which will then be repaid using proceeds generated by the Russian assets immobilized by the West as part of Ukraine-related sanctions, Financial Times has reported, citing sources. Kiev’s backers have been trying to accelerate negotiations over the loan in an effort to secure funding to Ukraine before the end of the year, due to mounting concern that Washington’s aid to the country could be cut off if Donald Trump wins the upcoming US elect

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