Ukraine’s partners are planning its reconstruction: A Turkish task force will pay a visit, and Korea is providing $2.1B in soft loans.

Wednesday, April 3, 2024
Ukraine’s partners are planning its reconstruction: A Turkish task force will pay a visit, and Korea is providing $2.1B in soft loans.

In the coming weeks, a Turkish group led by the Minister of Trade of Turkey, Omer Bolat, plans to visit Ukraine and determine priority projects that can be undertaken by companies that are not yet present in the Ukrainian market, said Ambassador of Ukraine to Turkey Vasyl Bodnar.

He added that small Turkish companies continue to work in Ukraine, and he hopes that soon large companies will enter the Ukrainian market and participate in the restoration of multiple regions in Ukraine.

At the same time, Moldova is ready to host companies that are interested in participating in Ukraine’s reconstruction in order to facilitate their access and enable further investment in Ukraine.

The Ukrainian government approved a draft agreement with the Republic of Korea regarding $2.1B in preferential loans for 2024-2029 to finance Economic Development and Cooperation Fund projects. In the first stage, loans can be obtained for equipment supply.

 

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