Ukraine and Denmark have signed a memorandum on long-term cooperation and reconstruction of Ukraine, reports the Ministry of Economy of Ukraine.
The document provides for the Danish government to allocate about EUR 40 million to support the private sector involved in the reconstruction of Ukraine, as well as EUR 380 million to support critical infrastructure using renewable energy.
The memorandum was signed by Ukrainian Minister of Economy Yulia Svyrydenko and Danish Minister of Enterprise Morten Bedskou.
The money will go to the Danish Export Investment Fund, which is part of the Danish-Ukrainian Fund. Its task is to reduce financial risks for companies involved in the reconstruction of Ukraine. Part of the money will help strengthen Ukraine’s energy system, which has suffered from missile and drone attacks by Russian troops.
The document also provides for the facilitation of meetings between businesses of the two countries and the strengthening of cooperation in shipbuilding, development and reconstruction of seaport infrastructure.
Special attention will be paid to the green transformation of the economy and the implementation of innovative solutions in the field of critical infrastructure, where Denmark has a leading position in the global market.
- On February 22, Denmark announced a €228 million aid package for Ukraine. It contained artillery shells, ammunition for air defense systems, demining equipment, and drones.
- On February 23, Ukraine and Denmark sign a security agreement.
- On March 12, Denmark announces a new $337 million aid package for Ukraine, which includes artillery pieces, shells, mortars, and ammunition.
