According to the Ministry of finance of Ukraine, Poland has approved Ukraine's decision to amend the agreement on the provision of an investment concessional loan Poland-Ukraine. In accordance with the changes adopted by the cabinet of ministers of Ukraine, Poland increases the preferential loan from €100 to €160 million. Also, the cancellation of the clause on the mandatory use of 60% of the costs for the purchase of technical means of customs control of Polish origin has been adopted. The contract end date has been moved to December 31, 2024.
The funds will be distributed in 3 main areas: road infrastructure, development of the Polish-Ukrainian customs, and technical support for servicing the Polish-Ukrainian border:
- State agency for highways of Ukraine Ukravtodor — €94.1 million (development of road infrastructure between the 2 states);
- State customs service — €58.9 million (modernization of international checkpoints Shegini, Krakovets, Rava-Russkaya, Yagodin);
- Administration of the state border service — €7 million (purchase of drones and surveillance equipment for the state border).
We remind you that the Ministry of the economy of Ukraine has adopted a regulation on the insurance of potential military risks when investing in Ukraine.
