Swedish officials have included the corresponding initiative in the draft budget for 2024. The document is awaiting approval.
In Sweden, the government proposes to allocate 333 million Swedish kronor (about $30 million at current exchange rates) for special export credit guarantees for companies trading in Ukraine. The Ministry of Economy announced this on October 3.
It is noted that members of the Swedish government have included the corresponding initiative in the draft budget for 2024. The document is awaiting approval.
The guarantees will be covered by the Swedish Export Credit Agency. They will apply to exports of goods by Swedish companies that can be classified as development aid, and will apply to transactions for up to three years, but no later than the end of 2026.
The Ministry of Economy recalled that the previous participation in political risk insurance for the work of their companies in Ukraine has been confirmed by the export credit agencies of Germany, France, Italy, Great Britain and Japan. Also, the state-owned Polish Export Credit Insurance Corporation (KUKE) is ready to insure Ukrainian and international investors.
Let us remind you that Lithuania has opened a corridor for grain from Ukraine.
Source: korrespondent
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