Decision to grant $20bn loan to Ukraine will remain in force under Trump, - Yellen
U.S. Treasury Secretary Janet Yellen believes that the future administration of Donald Trump will not change the $20 billion loan to Ukraine, which will be paid from frozen Russian assets.
She said this in an interview with Bloomberg TV, Censor.NET reports.
Yellen noted that the $20 billion loan to Ukraine does not involve the use of US taxpayers' money. The loan will be repaid from frozen Russian assets.
"This loan will be repaid over time through the extraordinary profits earned in Europe in the Euroclear depository from frozen Russian assets," the US minister said.
She expressed hope that the decision of the G7 countries to provide Ukraine with loans from frozen Russian assets would remain in force under Trump's presidency.
"I am confident that the decision to provide loans to Ukraine can remain in force under the new administration," Yellen said.
The minister added that the United States is trying to strengthen Ukraine's position and its ability to defend itself against Russian aggression.
"What we're really trying to do is strengthen Ukraine's position, its ability to defend itself and, hopefully, at some point sit down at the negotiating table with Russia to achieve a just peace," the US Treasury Secretary said.
As a reminder, on 10 December, the US Treasury announced a $20 billion loan to Ukraine, which was received from frozen Russian assets.
