Netherlands to provide Ukraine with over €1bn in non-military aid
The Dutch government is allocating €1.2 billion in non-military aid to Ukraine over the next three years. The assistance is intended to support recovery and reconstruction and to expand opportunities for Dutch businesses.
Source: European Pravda, citing the Dutch government
Details: The new aid package focuses on the energy and water supply sectors and business support. Sjoerd Sjoerdsma, Dutch Minister for Foreign Trade and Development Cooperation, announced the package during a visit to Kyiv on Wednesday 28 October.
"Ukraine is under heavy attack and faces a very harsh winter. It is also vital for our collective security that we continue to support Ukrainians so they can keep fighting. That is why the government is now stepping up its support," the minister said.
The Netherlands will fast-track €40 million this year for the Ukraine Energy Support Fund to urgently rebuild and repair energy infrastructure.
It is also allocating €55 million for energy equipment and materials to be supplied to Kyiv.
A further €136 million will be allocated, among other things, to the Ukraine Partnership Facility, which supports Dutch companies operating in Ukraine. Another €19.5 million will go towards insurance for businesses planning to export goods to Ukraine.
With this package, the Dutch government is specifying how the funds previously pledged for this period will be allocated: €878 million in non-military aid, plus a further €327 million announced on the day the budget was presented. A significant portion of the assistance will be channelled through the European Bank for Reconstruction and Development (EBRD), the World Bank and the European Investment Bank (EIB).
Background:
- It was previously reported that Ukrainian President Volodymyr Zelenskyy will visit the Netherlands on Wednesday 28 October to meet government officials and the King.
- The Netherlands will also allocate €10 million to support training centres for military personnel operating in Ukraine.
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