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Canada will increase economic support for Ukraine

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Canada aims to continue providing Ukraine with all forms of humanitarian and financial assistance.

Canada intends to continue to support the Ukrainian economy. in particular, the country’s state budget provides 1 billion dollars. for loans to Ukraine through the IMF mechanism. This was discussed on Saturday, May 7, in a telephone conversation between Ukraine’s First Deputy Prime Minister Yulia Sviridenko and Canadian Minister of International Trade Mary Angie, Ukrinform wrote.

In particular, the Canadian Minister of Commerce strongly condemned Russia’s unreasonable aggression on Ukraine and attacks on innocent civilians.

He reiterated that Canada was ready to “strengthen Ukraine’s defense capabilities and economy, as well as provide additional humanitarian and financial support.”

Mary Angie said Canada’s state budget provides $ 1 billion. for loans to Ukraine through the IMF mechanism.

“Minister Angie described how Canada continues to work with the international community to implement a range of economic measures aimed at holding Putin accountable, as well as separating Russia and Belarus from the global economy,” the ministry commented.

The conversation also focused on the impact of Russia’s aggression on global food security and prices.

Recall that the Canadian Parliament unanimously recognized Russia’s attacks on Ukraine as genocide.

The Canadian Embassy will reopen in Ukraine.

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Source: korrespondent

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