France to provide €70m more to support Ukraine's critical infrastructure

France has set to allocate a further €70 million to support projects in Ukraine under the Fund for Critical Infrastructure and Priority Economic Sectors of Ukraine.

Source: Ukrinform, a Ukrainian news agency, citing Ukraine's Economy Minister Oleksii Sobolev, as reported by European Pravda

Details: Sobolev spoke after a meeting of the joint Ukrainian-French intergovernmental commission on economic cooperation. He said that under the first grant agreement between France and Ukraine on critical infrastructure support, partners provided €200 million to finance 19 selected projects across different sectors.

Quote: "Today the extension of this project was announced. This is an additional €70 million which is expected to arrive in mid-2026 and help many companies keep working."

More details: The competitive selection of projects is due to begin in mid-February.

French and Ukrainian companies also signed a number of bilateral memoranda of intent. They envisage further cooperation involving localising production and transferring technology to manufacture products in Ukraine.

Quote: "These memoranda cover the integration of AI solutions, virtual platforms for drones, the development of new aerial platforms drawing on Ukraine's experience, stronger humanitarian demining capacity, as well as co-operation in the agricultural sector and satellite internet, among other areas."

Background:

• Earlier, Ukraine's Ministry of Foreign Affairs urged people worldwide to launch Warmth for Ukraine fundraising campaigns following a successful public appeal in Poland for generators and charging stations for Kyiv.
• A major fundraising effort has also taken place in Czechia. The Czech government is preparing to send 55 generators to Ukraine.

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