Home » Trump may review loan for Ukraine and lift sanctions against Russia – NYT

Trump may review loan for Ukraine and lift sanctions against Russia – NYT

by alex

Journalists write that not everyone may like this decision.

Newly elected US President Donald Trump may potentially try to revise the $20 billion loan provided for Ukraine or even lift sanctions with the Russian Federation.

The New York Times writes about this, analyzing the possible consequences of Trump's victory in the elections for Ukraine and US international policy.

It is noted that Trump and his fellow party members are unlikely to support the extension of economic and military aid to Ukraine in the amounts provided by the Joe Biden administration.

“The $20 billion that Ukraine should receive from the United States is part of a broader $50 billion loan developed by the G7 countries at the beginning of the year. These funds, received from the frozen assets of the Russian Central Bank, were officially transferred by US Treasury Secretary Janet Yellen to the World Bank accounts for further distribution to Ukraine,” the journalists write.

Western countries view this loan as an important way to provide Ukraine with financial resources in the event that Trump does change US aid policy.

As The New York Times notes, Trump could theoretically try to lift the sanctions holding the frozen assets of the Russian Central Bank in order to make it impossible to provide the loan. However, such an initiative would most likely encounter resistance among Republicans and would not affect the European part of the financial aid.

Earlier we reported that the Pentagon said how much aid the US has already sent to Ukraine.

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