Business news from Ukraine

POLAND WILL ISSUE EUR100 MLN LOAN TO UKRAINE FOR BORDER INFRASTRUCTURE MODERNIZATION

9 September , 2015  

KYIV. Sept 9 (Interfax-Ukraine) – The Polish government has decided to issue a loan of up to EUR100 million to Ukraine to finance exports of goods and services from Poland to Ukraine, including the modernization of border road infrastructure and the construction of Ukrainian-Polish border crossings.

According to a report on the official website of the Polish premier, Polish Prime Minister Ewa Kopacz announced the issue of a preferential government loan to Ukraine in January this year during a visit to Ukraine.

“This initiative confirms Poland’s interest in providing assistance to other states and strengthens the position of our country as a donor, which should be positively evaluated through the countries of the Organization for Economic Cooperation and Development,” the report said.