Section: Economy
Ukraine and Japan signed a memorandum on digital cooperation
The Minister of Digital Transformation of Ukraine Mykhailo Fedorov reported on April 27, 2023, that the Ministry of Digital Transformation of Ukraine, the State Special Communications Service of Ukraine and the Ministry of Digital Transformation of Japan signed a tripartite memorandum for the first time, which is the beginning of digital...
Ukraine and Italy signed a Memorandum of Cooperation
The press service of the Ministry of Foreign Affairs of Ukraine noted that in Rome, the Ministry of Foreign Affairs of Ukraine and the Italian Trade Agency concluded a Memorandum of Cooperation within the framework of the Conference on the Restoration of Ukraine on April 26, 2023. Source: The press service of the Ministry of Foreign Affairs of...
Council of Europe presented a new plan for the reconstruction and restoration of Ukraine
The Council of Europe Office in Ukraine reported on April 24, 2023, that in Kyiv, representatives of the Council of Europe and the Ukrainian Government presented an Action Plan for Ukraine “Resilience, Recovery and Reconstruction” (2023-2026). This plan is aimed at strengthening the stability of Ukrainian state institutions,...
European Union allocated another €1.5B in macro-financial assistance to Ukraine
The President of the European Commission Ursula von der Leyen noted on Twitter on April 25, 2023, that the European Union provided Ukraine with another tranche of 1.5 billion euros as part of the macro-financial assistance program for 18 billion euros. Source: The President of the European Commission Ursula von der Leyen “Today we are...
Japan allocates $471M to the World Bank for the reconstruction of Ukraine
The Japanese government announced on April 21, 2023, a contribution of $471 million to the Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF) of the World Bank. Source: The World Bank The funds are part of a $5.5 billion commitment Japan made in February to help rebuild damaged infrastructure and support the people of Ukraine....
Germany will provide Ukraine with €112M for housing for internally displaced persons
Jochen Flasbarth, the State Secretary in the German Federal Ministry for Economic Cooperation and Development reported on April 19, 2023, during his visit to Ukraine’s capital, that Germany will allocate 112 million euros to provide assistance to internally displaced persons in Ukraine, in particular providing them with housing. Source:...
Canada announced a new package of military support to Ukraine worth almost $29M
The Minister of Defense of Canada Anita Anand noted on April 21, 2023, during the Ukraine Defense Contact Group at Ramstein Air Base that Canada will provide Ukraine with a new military aid package worth 39 million Canadian dollars ($28.9 million). Source: The Minister of Defense of Canada Anita Anand The aid includes a contribution of 34.6...
South Korea allocates $230M dollars to help Ukraine
The Minister of Culture and Information Policy of Ukraine Oleksandr Tkachenko noted on April 20, 2023, that South Korea announced the allocation of 230 million dollars to help Ukraine and condemned Russian aggression. Oleksandr Tkachenko announced this on his Telegram channel following a meeting with the Ambassador Plenipotentiary of the Republic...
Austria froze Russian assets worth almost $2B
The Minister of Finance of Austria Magnus Brunner informed on April 20, 2023, on Twitter, that Austria has frozen Russian financial assets worth almost $2 billion. Source: The Minister of Finance of Austria Magnus Brunner “Today I received the US Under Secretary of the Treasury Brian Nelson, in Vienna. The strategic axis between EU &...
EU will allocate €55M for humanitarian aid to Ukraine
EU Commissioner for Crisis Management Janez Lenarčič while visiting Kyiv on April 20, 2023, announced the allocation of an additional 55 million euros for humanitarian aid to Ukraine amid the full-scale invasion of Russia. In addition, Ukraine joined the EU Civil Protection Mechanism. Source: EU Commissioner for Crisis Management Janez Lenarčič...