Today's Contents Just The Facts: * Ukraine to remain 'top priority' in EBRD's new 5-year strategy * MSC subsidiary buys stakes in Ukrainian logistics operator and cross-border terminal * World Bank to provide $84 million under HOPE project to restore housing damaged during war in
The Swiss subsidiary of the world's second-largest container shipping company, MSC, Medlog, has bought stakes in Ukrainian logistics assets, according to reports from Forbes Ukraine. The transaction marks the first deal of its kind with a global logistics company since the full-scale Russian invasion.
The European Bank for Reconstruction and Development (EBRD) said its board of governors has approved the bank's Strategic and Capital Framework (SCF) for 2026-2030. At its core is continued exceptional support for Ukraine during the war and reconstruction phase.
The World Bank will provide $84 million to Ukraine under the "Housing Repair for People's Empowerment" (HOPE) project to help restore housing damaged in the war, under the eRestoration program.
The European Bank for Reconstruction and Development (EBRD) is providing a new unfunded portfolio risk-sharing facility to ProCredit Bank Ukraine to unlock €60 million in financing to support energy security for Ukrainian businesses and households.
Russian President Vladimir Putin has approved the composition of a negotiating team for peace talks with Ukraine, expected to be held on Thursday in Istanbul, with himself not included.
The European Union (EU) could temporarily reintroduce tariffs and quotas in its agricultural trade with Ukraine if a new deal is not ready to start when the war-related tariff breaks end on June 5, Reuters reported on Wednesday, citing unnamed diplomats.
The International Finance Corporation (IFC) said on Wednesday it will invest $40 million in Ukraine's agro-industrial holding company Astarta to support the construction of the country's first soy protein concentrate plant.
Switzerland has agreed to pay €6.4 million on Ukraine's behalf for its subscription to extra shares in the European Bank for Reconstruction and Development (EBRD), under a newly signed memorandum of understanding between the two countries.
France has pledged to provide €10 million for the International Chernobyl Cooperation Account, managed by the European Bank for Reconstruction and Development (EBRD), to help restore safety at the site.
Switzerland has made a voluntary contribution of close to €1.5 million, and Malta has contributed €100,000 to the Council of Europe's 2023-2026 action plan for Ukraine.
The European Bank for Reconstruction and Development (EBRD) said it is extending a senior loan of up to €10 million to the western Ukrainian city of Lviv. The funding aims to support the continuity of essential municipal services and help the city cope with the ongoing impacts of the war.
