European Commission to give Ukraine ˆ50 million to repair its ports after Russian attacks

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European Commission to give Ukraine ˆ50 million to repair its ports after Russian attacks

European Commission to give Ukraine ˆ50 million to repair its ports after Russian attacks
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Ursula von der Leyen and Volodymyr Zelenskyy. Photo: Getty Images

The European Commission will give Ukraine €50 million to repair its ports in the wake of Russian attacks in order to facilitate the export of Ukrainian agricultural products to the global market.

Source: Ursula von der Leyen, President of the European Commission, in a letter to the President of Ukraine she shared on Twitter (X)

Details: In her letter, von der Leyen welcomed Ukraine’s efforts to open the Black Sea humanitarian corridor that allowed the country to continue exporting foodstuffs by sea.

Quote: “To support these efforts, the Commission is making available EUR 50 million of funds towards quick repairs and upgrades of infrastructure in Ukraine’s ports.”

Details: Von der Leyen wrote that over time, investing in Ukraine’s port infrastructure will allow Ukraine’s ports “to return to export quantities that were in place before the war”.

She added that Ukraine exported 4.6 million tonnes of grain in October 2023: 3.6 million tonnes by sea and another million by rail and road transport.

Previously: Lithuania has earlier announced that it would give €2 million to the Grain From Ukraine initiative.

Finland has given €3 million to support Ukraine’s efforts to export grain to countries most dependent on it and to aid the demining of Ukrainian fields.

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