'Marshall Plan' for Ukraine can be discussed at G7 summit in...| MENAFN.COM

Friday, 01 July 2022 08:11 GMT

'Marshall Plan' for Ukraine can be discussed at G7 summit in Canada Kubilius


(MENAFN- UkrinForm) "The European plan for Ukraine," which is also called the "Marshall Plan," can be discussed during the G7 summit in Canada in June 2018.

One of theinitiatorsof this project, ex-prime minister of LithuaniaAndrius Kubilius said this in exclusive comments to an Ukrinform correspondent on the results of negotiations in the U.S., Canada and Germany.

"We have offered that some specific decisions are made [regarding the "Marshall Plan"] during the G7 summit, which will be held in Canada in June. The most important task now is that Ukraine should demonstrate that it is increasing its ability to use the "old" funds, that is, the money allocated in recent years or promised to Ukraine by different financial institutions," Kubilius stressed.

He recalls that this refers to about more than $5 billion that "are already on the table" since Ukraine used only $1.6 billion out of almost $7 billion allocated to Kyiv by the world financial institutions.

"So there are over $5 billion, the banks are waiting for good projects, and the Ukrainian Government should learn how to do such projects," the former Lithuanian prime minister said.

Kubilius stresses that the Lithuanian delegation will continue to support Ukraine. In particular, in late February, Kubilius and his team will travel to Brussels and Copenhagen, where the second International Conference on Reforms in Ukraine will be held this year. In early March, Lithuanians will come to Kyiv in order to discuss everything in detail with the Ukrainian authorities.

ish


MENAFN301302201800490000ID1096407529

--MENAFN301302201800490000ID1096407529-->


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.