Austria will allocate EUR5 million to Ukraine for demining of agricultural land and EUR2 million to support the Grain from Ukraine program as Austrian Foreign Minister Beate Meinl-Reisinger visits Kyiv on Friday, Die Presse reports.
“For Meinl-Reisinger, the trip to Kyiv is “the first real trip abroad” in her new position, as the Brussels she visited last week is not really a visit to another country for her,” the newspaper writes.
The European media outlet added that the Austrian foreign minister’s luggage included a check for EUR5 million to help clear agricultural land of mines and EUR2 million to supply Ukrainian grain to Middle Eastern countries in need.
As reported, Austrian Foreign Minister Beate Meinl-Reisinger arrived in Kyiv on Friday. Immediately after her arrival, she and Ukrainian Foreign Minister Andriy Sybiga laid flowers at the wall of memory of the fallen Ukrainian soldiers.
The program of Meinl-Reisinger’s visit includes a meeting with the Ukrainian leadership, in particular with Prime Minister of Ukraine Denys Shmyhal.
Austria will allocate EUR5 million to Ukraine for farmland clearance and EUR2 million to support the Grain from Ukraine program amid a visit by Austrian Foreign Ministry chief Beate Meinl-Reisinger to Kiev on Friday, Die Presse reported.
“For Meinl-Reisinger, the trip to Kiev is the ‘first real trip abroad’ in her new position, as Brussels, which she visited last week, is not really a visit to another country for her,” the publication wrote.
The European media outlet added that the Austrian foreign minister’s luggage includes a check for EUR5m to help demining agricultural land and EUR2m to supply Ukrainian grain to Middle Eastern countries that need it.
Austria has supported the Grain from Ukraine food initiative by contributing EUR2 million, the press service of the Ministry of Agrarian Policy and Food reports.
According to the report, Minister of Agrarian Policy and Food Vitaliy Koval discussed cooperation in the agricultural sector and the development of trade relations with Austrian Ambassador to Ukraine Arad Benkö. He also thanked the Austrian partners for their contribution to the Grain From Ukraine initiative of President of Ukraine Volodymyr Zelenskyy.
“This is an additional €2 million for food security, which is an important step in supporting countries suffering from hunger,” he said.
The Minister emphasized that European integration is one of the priorities of the Ministry of Agrarian Policy and spoke about the steps already taken on the way to the EU. In particular, the parties discussed the need to work together at the European Commission level to ensure unimpeded exports of Ukrainian agricultural products.
“Austria remains an important trading partner of Ukraine: in 2024, bilateral trade in food and agricultural products amounted to $210 million. Ukraine exported mainly corn, fruit and vegetable juices, soybeans, sunflower oil, as well as frozen fruits and nuts. Instead, it imported chocolate and cocoa products, ready-made sauces, animal feed, corn, and mineral and carbonated waters from Austria,” Koval explained.
The Minister also suggested considering a mechanism to insure agricultural trade operations between Ukraine and Austria against military risks.
In January 2025, the unemployment rate in Austria rose to 8.6%, which is higher than in December (8.3%) and significantly higher than in November 2024 (7.1%). The growth in the number of unemployed has been recorded for the third month in a row.
Source: https://t.me/relocationrs
Austria has pledged to provide additional humanitarian support to Ukraine in the amount of EUR 8 million and will also provide EUR 2 million for the Ukrainian initiative Grain from Ukraine, Austrian Foreign Minister Alexander Schallenberg said.
“And today I can announce that we have committed to provide additional humanitarian support to Ukraine in the amount of EUR8 million: EUR5 million for the World Food Programme’s mine action program and EUR3 million for humanitarian assistance through international organizations working in Ukraine and Moldova,” said Schallenberg at a joint press conference with his Ukrainian counterpart Andriy Sibiga on Wednesday.
He also announced the allocation of additional funds for the Grain from Ukraine initiative.
“And I am pleased to announce that we will provide EUR2 million in addition to the EUR2 million allocated by the Austrian Development Agency for the Grain from Ukraine initiative, which I believe is important to reduce the impact of Putin’s war on global food security,” the minister said.
The foreign minister noted that at the bilateral level alone, his country provided EUR264 million in support to Ukraine, which was directed to humanitarian and financial assistance.
From mid-May, the Austrian Ministry of Finance and the Austrian export credit agency OeKB (Oesterreichische Kontrollbank Aktiengesellschaft) will start accepting applications for export and investment insurance in Ukraine at the expense of a special fund for Ukraine created by the Ministry of Finance in OeKB through the budget law.
According to the Austrian agency’s press release, it is expected that EUR500 million will be allocated to cover operations in Ukraine over the next five years, and the attraction of funds from international financial institutions could make it possible to receive up to EUR1 billion.
“Approximately EUR100 million per year is earmarked for new business. This will also open up opportunities for Austrian exporters in the process of Ukraine’s recovery,” the Ministry of Finance said in a release.
It is indicated that as part of the existing and proven export promotion procedure, the Ministry of Finance is already facilitating export transactions worth EUR 3-5 million in Ukraine with payment terms of up to three years through OeKB.
It is noted that since funds are limited and the goal is to achieve a wide diversification of risks, in particular in the supported sectors, small and medium-sized public sector transactions based on a state guarantee will be possible at the first stage.
“This will allow us to make vital investments for Ukraine. These include the supply of drinking water and heat, the provision and rehabilitation of the transport sector with roads, bridges and rail infrastructure, as well as supply agreements and investments such as joint repair shops for buses, trams and trains,” commented Finance Minister Magnus Brunner.
