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🇨🇦🇺🇦 #Ukraine has received the first tranche of 2.5 billion Canadian dollars (about $1.7 billion) from Ottawa under the G7's Extraordinary Revenue Acceleration (ERA) initiative.

The ERA mechanism, totaling $50 billion, provides loans to Ukraine that will be repaid using future profits from frozen Russian assets.

https://kyivindependent.com/ukraine-receives-1-7-billion-from-canada-under-g7-loan-covered-by-russian-assets/

#canada #russia