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

InternationalGeneva: Photo exhibition highlights persecution of minorities in Bangladesh

InternationalJayant Khobragade appointed as next Ambassador of India to Spain

InternationalGeneral Upendra Dwivedi meets Bhutanese King, receives guard of honour during official visit to Tashichhodzong

International"Future of 21st century" being made, shaped in Indo-Pacific: Australia's FM Wong highlights Quad's significance

InternationalMichelin-star chef Vikas Khanna to bring Assam tea festival to his New York restaurant 'Bungalow'