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The UK's development finance institution British International Investment (BII), and the French development agency Proparco will provide risk-sharing guarantees worth a total of $57 million to the European Bank for Reconstruction and Development (EBRD) to support the lender's trade finance exposure in Ukraine. BII will allocate
US President Donald Trump has made it clear to his aides that he wants President Volodymyr Zelensky of Ukraine to show willingness to make concessions in peace negotiations, such as giving up territory to Russia, unnamed US officials told NBC. Signing of the proposed minerals deal alone won't
The Czech Republic will receive €188 million from the European Union's Ukraine Facility to support Czech companies involved in the reconstruction of Ukraine. "This is great news for Czech entrepreneurs. They already have dozens of projects underway in Ukraine, thanks to our government's support, and
Ukrainian President Volodymyr Zelensky said he will travel to Saudi Arabia on Monday to meet with Saudi Crown Prince Mohammed Bin Salman ahead of talks between Ukrainian and US officials later in the week. "Next Monday, I have a visit planned to Saudi Arabia for a meeting with the
The European Investment Bank (EIB) and Ukraine signed an agreement on Thursday to deploy a team of advisors in Kyiv to support the implementation of EIB investments under the Ukraine Facility, the EIB and Ukraine's Economy Ministry said. The specialists will accelerate the preparation and implementation of critical
US President Donald Trump said on Thursday he would soon decide whether to strip about 240,000 Ukrainians who fled Ukraine due to the war with Russia of their legal status. "We're not looking to hurt anybody, we're certainly not looking to hurt them, and
Ukraine's President Volodymyr Zelensky participated on Thursday in a meeting of the European Council in Brussels where he presented what he called "necessary steps for peace." Firstly, Zelensky argued, "Everyone needs to make sure that Russia, as the sole source of this war, accepts the
Ukraine aims to reach an annual export volume of $77 billion by 2030, with its share in GDP amounting to 33%, Deputy Minister of Economy and Trade Representative of Ukraine Taras Kachka said on Wednesday at the International Trade Forum in Kyiv. Kachka stated this was one of the goals
The Japan International Cooperation Agency (JICA), in charge of the Japanese government's development funding, is considering financing energy and infrastructure projects in Ukraine previously covered by the United States Agency for International Development (USAID), Ukrinform reported on Wednesday, citing Hideki Matsunaga, head of JICA's Ukraine office.
Swedwatch, the Swedish non-profit research organization monitoring the impact of companies on the environment and human rights, said it has been granted SEK 1.7 million ($167,300) by the Swedish Institute to work on two projects in Ukraine over the next two years. One project aims to assess risks
The European Investment Bank (EIB) and the European Commission (EC) on Thursday signed a guarantee agreement that will allow the EIB to invest at least €2 billion in urgent recovery and reconstruction projects in Ukraine. The funding is part of the European Union's €50 billion Ukraine Facility, the
France and the UK are working to finalize a peace plan with Ukraine, potentially "in days," to present to the US, while also fostering stronger ties between the US and Ukraine ahead of a possible trip to Washington, Reuters reported on Wednesday, citing unnamed diplomats. "We'
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is considering providing two portfolio risk-sharing facilities totaling €38.5 million to ProCredit Bank Ukraine, a subsidiary of the German ProCredit Holding. The first facility, amounting to €21 million, would partially cover credit risks in up to €70
CIA Director John Ratcliffe confirmed on Wednesday that the US has paused intelligence-sharing with Ukraine following a halt earlier this week of all US military aid to the war-torn country. In an interview with Fox Business, Ratcliffe said that US President Donald Trump "had a real question about whether
