Netherlands To Allocate €1.2 Billion To Support Ukraine’s Energy Sector And Business
The Netherlands will provide Ukraine €1.2 billion in non-military aid over the next three years. Among the priorities are restoring energy infrastructure, supplying equipment, and bringing Dutch companies into Ukraine's economic reconstruction. The Netherlands' government announced this today, October 28, ahead of a visit to Kyiv by Minister for Foreign Trade and Development Cooperation Sjoerd…
The Netherlands has announced a €1.2 billion non-military aid package for Ukraine over the next three years, with a focus on rebuilding energy infrastructure and supporting Ukrainian businesses. This allocation includes €40 million for the Energy Support Fund, €55 million for energy equipment supplies, and €136 million for programs to facilitate Dutch companies operating in Ukraine.
The Dutch government emphasized the importance of providing assistance during a difficult winter and to enable Ukrainian companies to continue their work in reconstruction efforts. The package, which includes €19.5 million for export credit insurance, aims to reduce financial risks for companies working with Ukrainian partners. Dutch Minister for Foreign Trade and Development Cooperation Sjoerd Sjoerdsma and VNO-NCW chairman Koen van Oosten discussed expanding cooperation and removing obstacles for companies seeking to operate in Ukraine during their visit to Kyiv.
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