Switzerland doubles its aid to Ukraine to $114M for this year’s reconstruction. The Swiss State Secretariat for Economic Affairs (SECO) has doubled funding for a competition for Swiss companies operating in Ukraine, increasing it from CHF 50M to CHF 100M ($57M – $114M). Thi... #SECO #Switzerland #UkraineReconstruction #UkraineRecovery
An Estonian arms company with production in Ukraine raises €4M, while Swedish Saab AB locates a Ukrainian partner. The Estonian defense firm Frankenburg Technologies secured €4M in investment to develop anti-aircraft missiles. The company’s market value has surged by nearly 200% and now stands at €150M. The ... #DefenseIndustry #Estonia #FrankenburgTechnologies #Radionics #Saab #Sweden #Switzerland #WeaponsProduction
Swiss Brugg will partner with a Ukrainian manufacturer to establish the first Ukrainian enterprise to produce plastic PEX pipe. Swiss Brugg AG plans to form a joint venture with a Ternopil company, Terpolymergaz, that will produce plastic PEX pipe for both centralized and decentralized heating systems, and will invest €7M. The... #BruggGroup #investments #PEXpipe #Switzerland #Ternopil #Terpolymergaz
How much aid have Ukraine’s allies promised since the start of the year? The EU and 11 other countries have announced military, financial, and humanitarian support packages for Ukraine since the beginning of the year. Here are new packages and previously announced support:... #Canada #F16 #G7 #GreatBritain #JoeBiden #MilitaryAid #Spain #SupportUkraine #Sweden #Switzerland
The US and Russia secretly met in Switzerland to discuss the war in Ukraine; what were Russia’s demand during the first round of official talks? Representatives from the US and Russia have been meeting secretly in Switzerland in recent months to discuss the war in Ukraine. The last meeting took place in Geneva during the Munich Security Confer... #DonaldTrump #MunichConference #NATO #PeaceTalks #Switzerland #WarEnding #Zelenskyy
Peace summit updates: Switzerland will brief Russia and China; two countries have withdrawn their signatures from the joint communiqué. Switzerland will discuss the results of the summit with Russia, China, and other countries that were not among the more than 100 countries and international organizations in attendance, said the Minis... #China #IgnazioCassis #PeaceSummit #RussianUkrainianNegotiations #Switzerland #WarinUkraine
The final communiqué of the Peace Summit was signed by 80 states and four organizations: What was declared? During the Global Peace Summit in Switzerland on June 15-16, the participants agreed on a common position on three points: food security, nuclear and energy security, and the release of all captured a... #FoodSecurity #IAEA #PeaceInUkraine #PeaceSummit #Switzerland #UkrainianPrisoners #WarinUkraine
China claims that the international community supports its peace plan for Ukraine. More than two dozen countries have allegedly expressed their support for the terms presented in China’s alternative peace plan, said Chinese Minister of Foreign Affairs Wang Yi. China presented ... #China #ChinaPeacePlan #PeaceSummit #Switzerland #WangYi #Zelenskyy
The Swiss reveal the leading topics of the Peace Summit. As noted by the Swiss MFA, the goal of the Peace Summit in Ukraine is to pave the way for the future peace process and develop the practical elements and procedure. All governments at the summit are i... #China #PeaceInUkraine #PeaceSummit #Switzerland
Switzerland plans to provide $5.5B for Ukraine’s reconstruction through 2036, and Luxembourg directs €50M to the reconstruction of Kryvyi Rih. The Federal Council of Switzerland has approved a financing plan that extends to 2036 for Ukraine’s recovery in the amount of ₣5B ($5.5B). The plan must still be approved by the country’s parlia... #KryvyiRih #Luxembourg #RefugeesFromUkraine #SupportUkraine #Switzerland #UkraineReconstruction #UkraineRecovery
