Netherlands investing EUR 100 million in Ukraine to support farmers, purchase generators

17 April, 12:15 PM
Flag of the Netherlands (Photo:Marjonhorn / Pixabay)

Flag of the Netherlands (Photo:Marjonhorn / Pixabay)

The Netherlands will invest EUR 100 million through the World Bank to finance agricultural companies in Ukraine and purchase generators to help Ukrainians survive the coming winter, Minister for Foreign Trade and Development Cooperation, Liesje Schreinemacher, told Welingelichte Kringen on April 15.

This is the first concrete part of the EUR 2.5 billion in recovery support the Netherlands pledged to Ukraine earlier this year.

Most of the funding has been earmarked for military support, but Schreinemacher assured that other supports are also being carefully considered.

“EUR 40 million is directed specifically to agricultural companies so that they can purchase grain this season or replace agricultural machinery that has broken down,” she said.

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The remaining EUR 60 million is intended not only for the purchase of generators, but also, for example, road repair. The generators will be delivered in autumn, she said.

Schreinemacher added that she does not yet know which other recovery projects the Netherlands will invest but added that anti-personnel mine clearance is at the top of the list “because people want to get home safe.”

The minister emphasized that the Netherlands would continue to support Ukraine as long as necessary.

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