Tokyo says it did not refuse to use $30 billion in frozen Russian reserves to back a loan for Ukraine, contrary to Politico’s reporting
The Japanese Finance Ministry has denied a report that it rejected an EU plan to tap frozen Russian central bank assets to back a loan for Ukraine.
Finance Minister Satsuki Katayama reportedly “ruled out” the bloc’s proposal to use roughly $30 billion in Russian funds immobilized in Japan for a so-called “reparations loan” to Kiev, according to Politico.
“It’s completely false,” Vice Finance Minister for International Affairs Atsushi Mimura told reporters on Tuesday, according to Reuters.
“Minister Katayama…
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