Japan hosts Ukraine reconstruction meeting, pledges new tax treaty

Japan hosted Ukrainian Prime Minister Denys Shmyhal on Monday in Tokyo to discuss the reconstruction of Ukraine, pledging a new bilateral tax treaty
and other support for Japanese businesses as the Ukraine war rages on.
“Japan has stood with and continues to stand with Ukraine,” Japan’s Prime Minister Fumio Kishida said in a speech opening the talks, during which he announced a new bilateral tax treaty and the start of negotiations for an investment treaty without giving details.
As Russia’s invasion of Ukraine enters its third year, Japan has pledged more than $10 billion worth of financial aid, as it seeks to show solidarity with Kyiv’s war effort. It cannot provide direct military support because the export of lethal weapons is forbidden.
Japan partially eased its arms export rules in December, the first such overhaul in almost a decade, but still has restrictions on shipping weapons to countries at war.