Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

Japan to ink range of agreements with Kiev, deepens involvement in war

  • By Al Mayadeen English
  • Source: Agencies
  • 8 Jun 2024 12:26
3 Min Read

The NHK news broadcaster says that the two countries will sign bilateral agreements across several fields including intelligence collaboration.

Listen
  • x
  • Japan to ink range of agreements with Kiev, deepens involvement in war
    Prime Minister Fumio Kishida shakes hands with Ukraine Prime Minister Denys Shmyhal in Tokyo, Japan on February 19 (Japan MOFA)

Japan and Ukraine plan to sign a 10-year bilateral agreement at the upcoming G7 summit, NHK reported on Saturday citing sources, as Tokyo continues to expand its involvement in the war with Russia, already providing $7.6 billion in aid to Kiev.

This move comes as part of the Asian country's ongoing support to Ukraine in security, energy, and humanitarian assistance, the Japanese broadcaster added.

Read more: G7 to keep Russian assets frozen until reparation to Ukraine paid

The agreement will include non-lethal equipment and supplies, medical care for injured soldiers, intelligence collaboration, landmine clearance, and agricultural development.

The group's meeting is set to take place between June 13-15 in Italy's Apulia.
 
In the upcoming summit, US President Joe Biden seeks to convince the bloc's leaders to support a scheme that could generate up to $50 billion in loans for Ukraine to finance its war efforts by seizing interests out of Russia's sovereign frozen assets in the West - which amount to around $280 billion, most of which trapped in European financial institutions.

Unforeseen risk to global financial system

Related News

China to showcase hypersonic weapons at WWII anniversary parade

Japan's exports suffer sharpest decline in four years amid US tariffs

However, before they agree to the plan, many details need to be finalized, a source familiar with Biden's proposal told VOA earlier. If approved, the seized capital could be funneled to Kiev within the next few months.

The G7 finance ministers said after a meeting in May that "progress" has been made to determine how to use frozen Russian funds to aid Ukraine, as the process has been postponed for over a year over complex legal hurdles.

No concrete plan was established, but the ministers agreed to support the measure in principle, claiming that it would be "consistent with international law and our respective legal systems."

“They talked through a number of options that will allow us to make sure that Ukraine has access to the money you need to not only invest in the economy but to invest in defense,” US Treasury Deputy Secretary Wally Adeyemo told VOA. “And my expectation is that as we get to the leaders meeting, those leaders are going to endorse some of those options.”

Kristine Berzina, managing director of Geostrategy North at the German Marshall Fund, stated that although there is a general consensus to support Kiev as much and as soon as possible, giving out loans based on anticipated returns from frozen assets poses complex legal and regulatory challenges.

“How do you lend against the anticipated profits of the assets, how does that fit into the existing sanctions regime, and how long will those assets truly be frozen?” she told VOA. “How can you guarantee that the sanctions which freeze these assets do not get changed by the Europeans before that 50 billion is provided?”

The International Monetary Fund IMF cautioned as well that Western plans to seize frozen Russian assets could pose a threat to the global monetary system and entail unforeseen risks.

"From our perspective, it is important that any actions have sufficient legal underpinnings to avoid potential risks, and these include risks of litigation, risks of countermeasures, and risks to the international monetary system," IMF spokesperson Julie Kozack told reporters.

  • Japan
  • G7
  • Russia
  • war in Ukraine
  • Ukraine
  • G7 Summit

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS