09.04.2025 19:40
The European Union and Ukraine signed five strategically important agreements to provide 300 million euros in funding for the reconstruction of Ukraine's energy sector and critical infrastructure.
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Five strategically important agreements were signed between the European Union (EU) and Ukraine, including the provision of 300 million euros in financing for the reconstruction of the energy sector and critical infrastructure in Ukraine.
The 10th Meeting of the EU-Ukraine Association Council was held in Brussels, the capital of Belgium. Following the meeting chaired by Ukrainian Prime Minister Denys Shmyhal and EU High Representative for Foreign Affairs and Security Policy Kaja Kallas, five strategically important agreements were signed for the reconstruction and recovery of Ukraine.
300 MILLION EUROS FROM THE EU TO UKRAINE
With the participation of European Investment Bank (EIB) President Nadia Calvino, three agreements were signed to provide 300 million euros to assist in the reconstruction of Ukraine's energy and critical infrastructure.
It was announced that within the framework of the agreements, 100 million euros would be allocated for investments in central heating systems and increasing energy efficiency, 100 million euros for projects aimed at improving water supply and wastewater management, and 100 million euros for the reconstruction of water heating and sewage infrastructure, as well as the modernization of essential social services in education, health, and housing.
Additionally, two more agreements were signed between Brussels and Kyiv to strengthen Ukraine's cooperation with the EU in the fields of space and healthcare services.
"WILL CONTRIBUTE TO THE RECOVERY OF THE COUNTRY'S ECONOMY"
Ukrainian Prime Minister Shmyhal stated that the agreement regarding Ukraine's participation in EU space programs would promote the development of space technologies in Ukraine. Shmyhal said, "This cooperation will help Ukrainian businesses integrate into the European space market and will contribute to the country's economic recovery."
Shmyhal also mentioned that an agreement was signed regarding Ukraine's participation in the Joint Procurement Agreement for medical protective equipment, which would enable Ukraine to procure medical products under better conditions, more quickly, and in a stable quantity.
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