EBRD to provide EUR 25 million to support Ukraine’s agricultural sector

The European Bank for Reconstruction and Development will provide EUR 25 million under the guarantee of the Netherlands to support private companies operating in the agriculture and food industry.

According to the EBRD press service, the agreement on the guarantee was signed on Tuesday, January 24, in London by Robin Uyterlinde, Deputy Director of Foreign Financial Relations of the Dutch Ministry of Finance, and Ines Rocha, Managing Director of the EBRD.

“It is important to support Ukraine’s economic resilience in this unjustified war. By supporting Ukraine’s agribusiness sector, we are also contributing to food security around the world, including in many developing countries,” explained Uyterlinde.

The funds will be used for food security and will help to leverage further EBRD financing in Ukraine.

Tags: Ukraine, EBRD, credit