Japan blocked an important decision regarding Ukraine

According to journalists, during the G7 finance ministers meeting, Tokyo made it clear that it could not direct about $30 billion in Russian assets frozen on its territory to provide a loan to Ukraine.

The main goal of official Brussels is for the European Union countries to finally reach an agreement on the use of up to 210 billion euros of frozen Russian assets — this should happen by December 18.

Belgium continues to actively seek to have other G7 countries join the plan.

Belgian Prime Minister Bart De Wever believes that greater participation by the G7 allies would reduce the threat of a harsh reaction from Russia.

However, the US and Japan refused to support the Brussels plan. Washington said it would stop funding Ukraine after the final tranches of the G7 loan agreed upon by the Biden administration in 2024 are paid.