Skip to content

US pledges $700 million to upgrade Ukraine ports, rail to aid recovery, Ukraine infrastructure minister says

Penny Pritzker, the US special envoy for the reconstruction of Ukraine, meets Ukrainian Infrastructure Minister Oleksander Kubrakov. (Photo from Kubrakov's Facebook account)

Table of Contents

The United States has pledged $700 million to help Ukraine upgrade its ports, railways and other elements of its transport infrastructure to help the economy recovery from the impact of the Russian invasion, Ukrainian Infrastructure Minister Oleksander Kubrakov said.

"We have to modernize Ukrainian checkpoints, ports and railway. This will improve logistics and increase export capacity. The United States plans to provide almost $700 million for this," Kubrakov said in a Facebook post. He offered no further details of the pledge.

He made the announcement after meeting with Penny Pritzker, the US special representative for the reconstruction of Ukraine, earlier in the week.

He said upgrading Ukrainian export logistics and transport infrastructure is the first common goal of his government and the US. The energy sector is the second, followed by municipal infrastructure, mining and agriculture, he added.

Pritzker, who served as US commerce secretary in the administration of former President Barack Obama, visited Kyiv this week on her first official visit to Ukraine since she was appointed to her current post.

Latest

URN Daily: Ukraine seeks delay in EU carbon border tax. Riley Risk urges contingency planning for clients in east as fighting intensifies.

URN Daily: Ukraine seeks delay in EU carbon border tax. Riley Risk urges contingency planning for clients in east as fighting intensifies.

Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian

Members Public
May 22 Intelligence Summary: Riley Risks recommends clients in east Ukraine accelerate contingency planning

May 22 Intelligence Summary: Riley Risks recommends clients in east Ukraine accelerate contingency planning

Current Regional Status Overview Region Current Risk Level Change Factor Key Triggers North MODERATE Degrading Incursion into Sumy Oblast East HIGH Degrading Tactical Disadvantages / Land South HIGH Degrading RU Offensive ZP / KHER West MODERATE No Change Missile / Drone Strikes Current Infrastructure Status Energy Food/Water Medical Communications Transportation ONLINE ONLINE

Members Public