You're reading: Federation Council Chair Matviyenko: Russia’s $15-billion loan for Ukraine not charity

Russian Federation Council Chair Valentina Matviyenko considers "absolutely proper" Russia's decision to extend a $15-billion loan to Ukraine.

Asked by Interfax whether this might be too high a price for Russia,
Matviyenko replied, “I don’t share this opinion. It is Ukraine’s
sovereign right to decide with whom it will stay. But whatever choice
Ukraine makes, I’m absolutely sure that Russia and Ukraine are two
brotherly nations, and whatever choice Ukraine makes, Russia will
continue to cooperate with it in both the economic and humanitarian
fields. Ukraine will remain our strategic partner,” she said.

The economic situation in Ukraine is very difficult today, and Russia
“has lent its shoulder to Ukraine not in words but in deeds,” she said.

“This assistance has been offered without any conditions. This is not
charity, this is a well thought-out decision made by the leadership of
our country, which will help not only stabilize the economic situation
but also open new horizons for expanding and developing our
cooperation,” Matviyenko said. “We are not asking anything in exchange,”
she said.

Russian-Ukrainian cooperation can be mutually beneficial in all areas, she said.

“This [the extension of a $15-billion loan] is an absolutely proper
decision, and this loan has been issued by Russia as part of commonly
accepted international norms and Russian law. I’d like to repeat that
this is not a charitable deed but an element of mutually beneficial
cooperation,” Matviyenko said.