The Japanese government will allocate two packages of gratuitous assistance for the restoration and reconstruction of Ukraine for a total of $470 million.
The money is being transferred through an initiative called the Disaster Recovery Program. Phase 2,” according to a statement posted on the website of the Japanese Foreign Ministry.
On March 29, in Kiev, Japanese Ambassador to Ukraine Matsuda Kuninori and Vice Prime Minister of Ukraine, head of the Ministry of Renewal and Reintegration Oleksandr Kubrakov signed and exchanged notes on the allocation of grant assistance for 400 million dollars.
Cooperation between the two countries is expected to help Ukraine clear mines and rubble, rebuild basic infrastructure and agriculture, and strengthen democracy.
On the eve of the Japanese government confirmed its commitment to provide support in the amount of 70 million dollars. through the United Nations Development Program (UNDP). This money will be used to restore the energy infrastructure damaged by Russian attacks, will help increase the energy supply of thermal power plants, which provide the Ukrainian population with electricity, heat and water.
It is noted that Japan intends to continue to support the people of Ukraine, who are facing difficulties, in cooperation with the international community, including together with the G7 member countries.
Source: Racurs
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