News

The EBRD and the Netherlands allocate 25 million euros to the agricultural sector of Ukraine

Netherlands
Ukraine
Published Jan 26, 2023

Tridge summary

This is stated in the bank's message.

As noted, the Netherlands provides a financial guarantee of €25 million to support private companies working in critical sectors related to agriculture, be it farming or food processing, transport or import.

"By supporting Ukraine's agribusiness sector, we also increase food security around the world, particularly in many developing countries," explained Robin Uyterlinde, Deputy Director of the Department of External Financial Relations of the Ministry of Finance of the Netherlands.

"The war against Ukraine threatens food security around the world, as Ukraine is a significant producer and exporter of food. The financing will support private companies related to Ukraine's agriculture, helping to overcome the looming global food crisis," said EBRD Managing Director Ines Rocha.

Original content

This is stated in the bank's message. As noted, the Netherlands provides a financial guarantee of €25 million to support private companies working in critical sectors related to agriculture, be it farming or food processing, transport or import. "By supporting Ukraine's agribusiness sector, we also increase food security around the world, particularly in many developing countries," explained Robin Uyterlinde, Deputy Director of the Department of External Financial Relations of the Ministry of Finance of the Netherlands. "The war against Ukraine threatens food security around the world, as Ukraine is a ...
Source: MilkUA
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