France will contribute an additional €200 million to support reconstruction projects and Ukraine’s integration into the European market, - Prime Minister Denis Shmygal has announced.
These agreements were reached during his meeting with French Prime Minister François Bayrou in Paris.
Additionally, the French government has confirmed it will provide €1.5 billion in guarantees through export credit insurance.
"I expressed my gratitude to the Prime Minister for supporting French companies interested in investing in Ukraine. We also agreed to convene a joint government meeting, and we are currently preparing key agreements on cooperation in the defence industry, critical raw materials, and strategic sectors," - Prime Minister Shmygal stated via post on X.
The Ukrainian delegation also held "an in-depth dialogue" with French companies and the French Minister Delegate for Foreign Trade and French Nationals Abroad to share information about the guarantees and incentives Ukraine offers to businesses.
“I also highlighted promising sectors for investment in Ukraine, including the defence industry, energy, transport and logistics, construction, agribusiness, IT, engineering, and the mining and processing of critical raw materials,” said Prime Minister Shmyhal. “French companies have shown strong interest in expanding their investments in Ukraine and are committed to actively contributing to our reconstruction. We value France’s vital role in Ukraine’s recovery and its support for rebuilding our infrastructure.”
Also, he discussed restoration of infrastructure and investment in security and defence at a meeting with the Director General of the French Development Agency.
"This is a priority area for us. We paid particular attention to supporting the private sector, which will form the basis for future reconstruction. I thanked him for opening a representative office in Ukraine and supporting the reconstruction," - Shmygal said.
The Agency is supporting 19 joint projects in Ukraine, and both sides are considering further expanding their cooperation. In particular, the initiatives are aimed at modernizing energy infrastructure, water supply systems, transportation networks, hospitals, and schools, as these efforts are essential to restoring and improving the lives of local communities.
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Japan is preparing a strategic offer to the United States centered on rare earth elements and liquefied natural gas, aiming to secure relief from steep U.S. tariffs amid growing trade frictions with China.
An escalating feud between Elon Musk and Donald Trump threatens to disrupt key U.S. space programs and jeopardize $22 billion in government contracts with SpaceX.
UN Secretary-General António Guterres has extended warm wishes to Muslims around the world celebrating Eid al-Adha, calling for unity, compassion, and solidarity in a time marked by global conflict and division.
President Donald Trump has signed a proclamation reinstating a travel ban that restricts entry to the United States for citizens of 12 countries, citing national security threats and inadequate vetting processes.
In a historic move, President Donald Trump’s administration has imposed sanctions on four judges from the International Criminal Court (ICC), citing their involvement in cases targeting U.S. troops in Afghanistan and Israeli officials over alleged war crimes.
Japan is preparing a strategic offer to the United States centered on rare earth elements and liquefied natural gas, aiming to secure relief from steep U.S. tariffs amid growing trade frictions with China.
An escalating feud between Elon Musk and Donald Trump threatens to disrupt key U.S. space programs and jeopardize $22 billion in government contracts with SpaceX.
Scientists have identified a long-lost group of hunter-gatherers who vanished from Colombia’s highlands 2,000 years ago, reshaping our understanding of ancient human migrations in South America.
The NGO Ocean Cleanup, in collaboration with the Guatemalan government and local communities, has installed the largest trash barrier to date on the Motagua River. This major effort aims to capture and remove vast amounts of garbage before it reaches the sea.
UN Secretary-General António Guterres has extended warm wishes to Muslims around the world celebrating Eid al-Adha, calling for unity, compassion, and solidarity in a time marked by global conflict and division.
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