Japan to offer reconstruction aid for Ukraine
Photo: Japanese Embassy in Ukraine
Japan plans to allocate 160 million euros to support Ukraine's economic recovery projects.
Prime Minister Denys Shmyhal reported that on Telegram.
As Shmyhal noted, the projects were discussed at a meeting with the State Minister of Foreign Affairs of Japan, Kiyoto Tsuji, the State Minister of Economy, Trade and Industry, Kazuchika Iwata, and representatives of Japanese business.
"I announced our priorities for rapid recovery: energy, housing, critical infrastructure, humanitarian demining and business support. I am grateful to the Japanese delegation for today's mission, which will contribute to the further involvement of Japanese companies in reconstruction," the Prime Minister said.
According to him, Ukraine is interested in creating joint ventures, especially in the processing industry.
"Cooperation in agro-industrial complex, metalworking, mechanical engineering, critical raw materials and IT is important for us. Japan's experience in post-war reconstruction can be useful for the economic recovery of Ukraine," Shmyhal wrote.
According to him, the state ministers assured that Japan's position on supporting Ukraine will remain unchanged.
For reference:
A Japanese delegation led by senior industry and foreign ministry officials, including business representatives, is in Ukraine today for talks ahead of a recovery conference to be held by Japan.
Japan, which has been supporting Ukraine financially and accepting refugees since the Russian invasion in February 2022, is also helping to support Ukraine at the level of the G7, which Japan is leading this year.
In Kyiv, a delegation that includes members of Keidanren, Japan's largest business lobby, which heads the Ukraine Reconstruction Committee, plans to hold talks with Prime Minister Denys Shmyhal, government officials, and companies.
Shmyhal said this month that Ukraine would need about $42 billion in budget support this year and next to cover its vast deficit and help it recover from the devastation caused by Russia's invasion.
