Business news from Ukraine

Business news from Ukraine

Latvia has allocated €125,000 in energy aid to Ukraine

Ukrainian Foreign Minister Andriy Sibiga thanked Latvian Foreign Minister Baiba Braže, who is visiting Kyiv, for additional energy support for Ukrainians.

“Special attention was paid to supporting the energy system, especially on the eve of winter. The Russian Federation’s attacks have caused significant damage, so such support is critically important. We are grateful for the additional decisions made by our friends to support our energy stability,” he said at a press conference with his Latvian counterpart Baiba Braže in Kyiv on Thursday.

According to the press service of the Ukrainian Foreign Ministry, the Ukrainian side is grateful for Latvia’s additional contribution of EUR 125,000, which will contribute to the restoration of energy facilities, uninterrupted power supply, and stabilization of the energy system.

Sybiga also expressed gratitude to Latvia for its comprehensive support of Ukraine from the first days of the full-scale invasion, in particular for its annual defense assistance amounting to 0.25% of Latvia’s GDP. In total, its volume has already exceeded 1.6% of Latvia’s GDP.

“This includes weapons, ammunition, training of military personnel, and financial support. We are also grateful to Latvia for joining the PURL and for the recent transfer of 42 PATRIA 6×6 armored personnel carriers,” the foreign minister added.

The minister thanked his colleague for rebuilding critical and civil infrastructure in the Chernihiv region and for providing recreation in Latvia for children from the Ukrainian region. The ministers discussed the implementation of this year’s projects in the Chernihiv region, totaling EUR 5.7 million, as well as prospects and priorities for next year.

“Yesterday, you opened two facilities in Chernihiv that were rebuilt with Latvian funds: the pediatric wing of the Chernihiv Central District Hospital and the Human Rights Protection Center. We greatly appreciate these efforts,” Sibiga said.

,