G7 to Boost Financial Support for Ukraine to Secure Winter Period
Foreign ministers of the Group of Seven countries have agreed to increase financial and material aid to Ukraine to support the nation through the heating season.
🏦Банки та грошіPhoto: Інтерфакс-Україна: економіка
Key points
- Financial support agreement reached in Paris
- Focus on energy resilience and the winter season
- Involvement of the EBRD and partners in Chornobyl safety projects
The foreign ministers of G7 nations reached an agreement during a meeting in Paris held on November 9–10 under the chairmanship of France to scale up financial provisions for Ukraine. The relevant joint statement was published on the official website of the UK Foreign Office.
The diplomats emphasized the importance of reinforcing the country's energy resilience and reaffirmed their readiness to address urgent budgetary needs not only for the current period but also looking ahead into coming years. Special attention was paid to mobilizing resources for the recovery and security of critical infrastructure facilities.
Furthermore, the participants welcomed efforts regarding the repair of the New Safe Confinement at the Chornobyl Nuclear Power Plant, following a donor conference in Paris. They also acknowledged the implementation of projects under the Tallinn Mechanism, chaired by Italy, aimed at strengthening Ukraine's civilian cyber resilience.
Source Інтерфакс-Україна: економіка — interfax.com.ua/news/economic/1234905.html ↗
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