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.
Thousands of fans turned out in Iran's capital Tehran for a massive farewell ceremony on Wednesday night for...
The number of dead Caspian seals discovered along Kazakhstan’s section of the Caspian Sea continues to rise, with the latest findings reporte...
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that...
European stock markets edged higher on Thursday (14 May) as technology shares boosted sentiment, although investors remained cautious over stalled ...
Widespread protests erupted across Havana on Wednesday evening as Cuba faced its worst rolling blackouts in decades a...
Ukraine has stepped up attacks on Russian energy facilities in recent months, amid stalled progress in peace negotiations. The strikes have targeted refineries, processing plants, pipelines and export infrastructure, causing repeated disruptions across Russia’s energy sector.
Russia carried out a large-scale drone and missile attack on Kyiv and multiple regions of Ukraine early Thursday, damaging residential buildings, and leaving residents potentially trapped under rubble, according to Ukrainian authorities.
U.S. President Donald Trump said on Sunday that three Polish nationals and two Moldovan citizens had been released from detention in Belarus and Russia, highlighting what he described as growing diplomatic cooperation with Minsk.
Russia is holding a significantly scaled-back Victory Day parade in Moscow on 9 May 2026, reflecting heightened security concerns and the ongoing war in Ukraine, now in its fourth year.
Just one week after a similar move by Australia, Greece announced that it will ban access to social media for children under the age of 15 from January 1, 2027, as governments around the world weigh tougher rules amid growing concerns over mental health, safety and screen addiction.
U.S. President Donald Trump said he does not think he will need China's help to end the war with Iran as he left for a high-stakes summit in Beijing on Tuesday, as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz.
The 79th edition of the Cannes Film Festival has officially opened on the French Riviera, once again transforming Cannes into the global centre of cinema, fashion, and entertainment.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that the conflict is causing a shift in alliances across the Middle East.
The Iranian President Masoud Pezeshkian has instructed his first deputy to fulfill the public’s expectations regarding the access to the Internet services and platforms amid a wartime shut-down of international connection since late February.
Deep in the ancient forests of southern China, researchers have discovered a small, shy snake with an extraordinary survival trick: when threatened, it creates the illusion that it has two heads.
European stock markets edged higher on Thursday (14 May) as technology shares boosted sentiment, although investors remained cautious over stalled U.S.-Iran talks and a closely watched summit between Washington and Beijing.
British Prime Minister Keir Starmer was fighting for his political survival on Thursday (14 May) after Health Secretary Wes Streeting resigned, saying he had “lost confidence” in Starmer’s leadership.
Philippine President Ferdinand Marcos Jr. called an emergency meeting of senior government and security officials on Thursday after gunfire erupted inside the Senate building in Manila, deepening an escalating political crisis centred on Senator Ronald dela Rosa.
Widespread protests erupted across Havana on Wednesday evening as Cuba faced its worst rolling blackouts in decades after the government announced it had run out of diesel and fuel oil amid a tightening U.S. blockade.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment