France will provide €650M to help Ukraine in critical sectors.

During President Volodymyr Zelenskyy’s visit to France, two agreements will be signed that will provide support for key sectors of the economy and critical infrastructure. The French Development Agency (AFD) will provide a €400M loan and €50M in grants between now and 2027 to expand its activities in Ukraine. The funds will go to support the energy and transport sectors.

The second agreement, for €200M, will create a bilateral fund to support projects involving companies with a French share of capital. These funds will be used to finance major projects, strengthen or replace failing energy infrastructure, and support transport, water supply, health care, and agriculture.

On June 6, President Zelenskyy joined the celebrations of the 80th anniversary of the landing of Allied forces in Normandy on D-Day, and on June 7, Zelenskyy will speak before the French parliament and hold talks with French President Emmanuel Macron.