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Home NEWS support european commission for ukrainian agricultural exports

Support European Commission for Ukrainian agricultural exports


The European Commission (EC) and six countries including Poland, issued a joint declaration on Friday announcing EUR 1 billion in support for Ukrainian agricultural exports, including grain.


The declaration was signed by the EC, Poland, the Czech Republic, Romania, Slovakia, the Republic of Moldova and Ukraine together with the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the World Bank.


The European Union is urgently earmarking EUR 250 million in grants to reinforce the Solidarity Lanes. The EC and member states are also taking action to streamline border crossings from Ukraine and in the near future EUR 50 million will be invested from the bloc's Connecting Europe Facility (CEF) to increase the lanes' capacity.


The EIB will also invest EUR 300 million by the end of 2023 in projects supporting the aims of the Solidarity Lanes and the EBRD will provide a further EUR 300 million and the World Bank EUR 100 million in 2023.


Source E.C. 

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