Business news from Ukraine

Denmark to allocate almost $9 mln to Ukraine to fight corruption

27 January , 2024  

Denmark will allocate DKK 60 million (USD 8.75 million) to Ukraine to support the fight against corruption under the EU Anti-Corruption Action Program (EUACI), the Danish Ministry of Foreign Affairs reports.

Denmark has been leading the EU’s anti-corruption program in Ukraine (EUACI) since 2016. During his visit to Ukraine today, Danish Foreign Minister Lars Lekke Rasmussen announced support for the third phase of the program.

“Even before Russia’s illegal invasion, Ukraine had made significant progress in the fight against corruption, and even while the country is at war, it has managed to continue its positive development. But there are still areas that can be improved, and it is crucial for Ukraine’s EU dream that we help it achieve its goals,” the Foreign Ministry’s press service quoted Rasmussen as saying.

It is noted that the EU is contributing more than 70 million Danish kroner to the upcoming phase of the program, and Denmark is contributing almost 60 million Danish kroner.

Among other things, the program aims to promote openness and honesty in the reconstruction of Mykolaiv through close cooperation with the mayor and his team. It is planned to develop best practices for the reconstruction of Mykolaiv that can be used in other cities of Ukraine.

The ministry said that Rasmussen provided information on Denmark’s support for the EU’s anti-corruption program at today’s meeting with Ukrainian Foreign Minister Dmytro Kuleba. The two foreign ministers met in the Ukrainian city of Mykolaiv, for the restoration of which Denmark has a special responsibility.

They discussed, among other things, how Denmark and Ukraine can further develop cooperation on Mykolaiv and how Denmark can continue to support Ukraine in its fight against Russian aggression.

The Danish Foreign Minister met with students of Mykolaiv Shipbuilding University as well as the city authorities.

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