This announcement was made by Ukrainian Prime Minister Denys Shmyhal following an online meeting with Belgian Prime Minister Alexander De Croo.
Key Highlights
- Funding Amount: €150 million
- Focus Areas: Restoration of energy and social infrastructure in Kyiv and Chernihiv regions
- Agency Involvement: Belgian development agency Enabel to open a representative office in Ukraine
Statements from Officials Prime Minister Denys Shmyhal expressed gratitude for Belgium's support, stating, "We thank Belgium for its steadfast support of Ukraine in the fight for our freedom, independence, and European future."
Agreement Details During the online meeting, an agreement was signed to facilitate the implementation of joint programs and projects. This agreement is expected to significantly contribute to the recovery, economic, and social development of Ukraine.
International Context
- Japan's Financial Support: Japan is considering providing Ukraine with a $3.3 billion loan, sourced from interest on frozen Russian assets.
- G7 Commitment: The G7 leaders have agreed to allocate $50 billion to support Ukraine. The USA and the EU will each provide $20 billion, while Japan, Great Britain, and Canada will share the remaining $10 billion.
Conclusion Belgium's commitment of €150 million for the reconstruction of energy and social infrastructure in Ukraine is a significant contribution to the country's recovery efforts. The establishment of Enabel's representative office in Ukraine will further enhance the implementation of joint projects and programs, fostering economic and social development.
