During the Ukraine Recovery Conference in Rome, approximately 200 agreements and memorandums were signed, totaling €11 billion. This was reported by the Minister of Economy, Yulia Svyrydenko.
This is reported by Business • Media
New Investments and Support for Ukraine
Ukraine has entered into an agreement to establish the largest fund in Europe for investing in the reconstruction process. Four countries and key European development banks will join this initiative. The fund manager will be selected through a competitive process, opening new opportunities for attracting investments.
As part of the Ukraine Investment Framework program, a new support package worth over €2 billion has been announced. Separately, the Netherlands has committed to provide €500 million in assistance over the next 10 years, while Switzerland will allocate around €5 billion in support for Ukraine.
Defense Industry and Industrial Recovery
“One of the key topics of the conference was the defense industry, with a particular emphasis on industrial recovery,” noted Svyrydenko.
The Ministry of Economy of Ukraine has signed an agreement with the UN Industrial Development Organization (UNIDO) for the implementation of a project worth €188 million. The project involves technology transfer and the establishment of joint ventures with Japanese companies.
In addition, ten European countries, including Italy, Germany, France, and Spain, have joined a new export guarantee scheme. This mechanism aims to encourage more European companies to engage in trade with Ukraine.