Japan will shoulder $3.3 billion of the loan pledged by the Group of Seven (G7) to Ukraine covered by Russian assets proceeds, Kyodo News reported on July 17, citing undisclosed diplomatic sources. The G7 pledged the $50-billion loan to Ukraine during a June summit in Italy to aid the country as it faces Russia’s full-scale invasion. It should be repaid using revenue from the roughly $300 billion Russian assets frozen in the accounts of Western countries and other partners. The sum, which Ukraine hopes to receive by the end of the year before a potential return of Donald Trump to the White Hou…