Reconstruction of Ukraine: Canadian businesses promise support, Latvia provides €5M for the Chernihiv region, and the EC gives €50M for ports.

Monday, November 27, 2023
Reconstruction of Ukraine: Canadian businesses promise support, Latvia provides €5M for the Chernihiv region, and the EC gives €50M for ports.

Canadian private business is ready to support Ukraine’s post-war reconstruction, Canadian Trade Minister Mary Angie said. She emphasized that the modernization of the Free Trade Agreement between Canada and Ukraine “confirms commitment to our Ukrainian friends and support for the long-term stability, security and economic recovery of Ukraine.”

However, the Conservative Party of Canada in the House of Commons voted against the renewed free trade agreement. “This has never been seen before, and it’s a surprise,” Canadian PM Justin Trudeau commented on the decision. In his opinion, this is a general trend among right-wing and extreme right-wing parties in the world, which refuse to support Ukraine.

Meanwhile, the Latvian government has allocated €5M for the Chernihiv region’s reconstruction in 2023 and plans to give the same amount next year.

Moreover, the European Commission will provide €50M to repair port infrastructure to facilitate the further export of Ukrainian grain.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Ukraine risks losing the support of another European country.

Ukraine risks losing the support of another European country.

Next post
Ukraine asks the EU to monitor the Polish border and prepare to evacuate drivers.

Ukraine asks the EU to monitor the Polish border and prepare to evacuate drivers.

Previous Main Topics