France will allocate 200 million euros to companies that will invest in the restoration of Ukraine’s critical infrastructure, with 60 million euros of these funds going to the Ukrainian energy sector, French President Emmanuel Macron said.
“We held a meeting at the level of the Reconstruction Fund and decided that new instruments will be created to accompany this reconstruction of Ukraine. An agreement has been signed on a 200 million euro fund that will be earmarked for those companies that will invest in Ukraine’s critical infrastructure to rebuild it,” Macron said during a joint press conference with Ukraine’s president in Paris on Friday evening.
At the same time, he said, 60 million euros from this fund will be directed to Ukraine’s energy sector and its priorities.
The French President also announced the decision to expand the mandate of the French Development Agency to support projects in Ukraine at the local level.
In particular, it was decided to second 20 French technical experts to various key ministries of Ukraine to witness the work on standardization.
