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.
Read also
Ukraine. How to realize the 2022/23 grain export potential? War Risks & Prosp...
Ukraine exported 26 million tons of grain
Rains in Argentina and Brazil are now the main factors affecting agricultural markets
A vessel with 16 tons of Ukrainian grain was inspected in Istanbul
A boom in the re-routing of the regional trade flow. Development of alternative lo...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon