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Japan plans to finance energy projects in Ukraine instead of USAID

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Although the approach to JICA and USAID, the agency is ready to conduct financing programs in the field of energy, infrastructure and other industries.

The Japanese Agency for International Cooperation (JICA) will review the possibility of financing programs in the field of energy and infrastructure in Ukraine, which has previously combined the US Agency for International Development (USAID). This was announced by the Ukrainian Office of the Jica Hideki Matsunaga during the V Ukrainian-Japanese Forum organized by the new Europe Center, Ukrinform reports on Wednesday, March 5.

According to Matsunagi, although the techniques of JICA and USAID have different, the agency is ready to supply financing programs in the field of energy, infrastructure and other industries. However, he emphasized, some areas, such as legal initiatives and support for civil society, are more complicated for implementation.

“It is important for us to understand where the gaps appear in the Ukraine energy sector, and we will try to make for them.

Earlier in January, US President Donald Trump signed a mandate regarding the suspension of external help programs up to 90 days to prove compliance with his administration’s political goals.

Remember that it was later found that the US Department of State of the USAID was suspended to restore the Ukrainian Energy System. There are hundreds of millions of dollars invested in the program.

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Source: korrespondent

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