City
Epaper

Canada to provide Ukraine with USD 398 mln loan amid Russian military operation

By ANI | Updated: April 14, 2022 07:50 IST

The Ukrainian Finance Ministry said it had signed a USD 398 million loan agreement with the Canadian government amid the Russian military operation.

Open in App

The Ukrainian Finance Ministry said it had signed a USD 398 million loan agreement with the Canadian government amid the Russian military operation.

"Ukrainian Finance Minister Serhiy Marchenko has signed a loan agreement with the Canadian government on providing Ukraine with a loan of 500 million Canadian dollars [$398 million] on favorable terms. The term of the loan amounts to 10 years," the ministry said in a statement on its Twitter page on late Wednesday.

Russia launched its military operation in Ukraine on February 24 to support the people's republics of Donetsk and Luhansk.

The Western countries have strongly condemned the Russian military operation in Ukraine calling it an invasion and imposed harsh sanctions on Moscow. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Ministry of Finance of UkraineSerhiy marchenkoMoscowDonetsk
Open in App

Related Stories

InternationalIrani Boy Goes in Coma After Man Brutally Slammed Him on Floor at Moscow Airport; CCTV Footage Shocks Internet

InternationalRussia-Ukraine War: 60 Ukrainian Drones Shot Down Over Moscow in Largest Drone Attack

InternationalPM Narendra Modi Interacts With Artists of Russian Cultural Troupe in Moscow; Watch Video

InternationalUkraine President Volodymyr Zelensky on Modi-Putin Meeting: 'Leader of World's Largest Democracy Hugs Bloody Criminal in Moscow'

NationalPM Narendra Modi Greets Indian Diaspora in Russia Amid Chants of ‘Modi-Modi’, Says ‘Today Is Full Month Since I Took Oath As PM’ (Watch Video)

International Realted Stories

InternationalILO ranks Pakistan among worst countries in gender pay gap

InternationalPTM Holland chapter highlights Kabul Khel Jirga, appeals for flood relief across Khyber Pakhtunkhwa

InternationalSouth Korea: 12,000 citizens seek compensation from ex-presidential couple over martial law

InternationalHope our joint strength with US, European friends will force Russia into real peace: Zelensky ahead of high-stakes meet

InternationalZelenksyy wants to end war "quickly and reliably" as he arrives in Washington