Business news from Ukraine

Business news from Ukraine

Norway to help Ukraine ensure food security

1 December , 2023  

Norway will allocate NOK 200 million (approximately EUR 17 million) to the World Food Program, including the Grain from Ukraine program, and NOK 50 million (approximately EUR 4 million) will be transferred to the World Bank’s Ukraine Fund, the Norwegian government said in a statement.

“Norway will continue to support the people of Ukraine. At the same time, we do not lose sight of other crises in the world. The Nansen Program (5-year support program for Ukraine – IF-U) is one example of how we manage to combine these efforts,” Norwegian Foreign Minister Espen Barth Eide said in a statement.

In addition, it is noted that another 150 million Norwegian kroner (about EUR 12 million) will be allocated to the World Food Program in response to its call for emergency assistance to Ukraine.

“In addition to providing food aid near the front line, these funds will be used to demine agricultural land, allowing farmers to return to food production as soon as possible,” the statement said.

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