Switzerland to allocate over $1.7 billion for Ukraine’s 2025-2028 recovery efforts
Additionally, Amherd and Zelenskyy discussed issues related to humanitarian demining in Ukraine and food security, which is affected by Russia’s ongoing sea blockade of Ukraine’s ports. The post Switzerland to allocate over $1.7 billion for Ukraine’s 2025-2028 recovery efforts appeared first on Euromaidan Press.
Swiss Confederation President Viola Amherd, at a press conference with Ukrainian President Volodymyr Zelensky, announced Switzerland’s plan to allocate 1.5 billion francs (approximately $1.75 billion) for the reconstruction of Ukraine from 2025 to 2028, Interfax-Ukraine reported.
Adhering to its policy of neutrality, Switzerland does not provide military support to Ukraine; however, it does offer various forms of humanitarian assistance, including demining efforts and assistance in the identification of missing persons.
“Switzerland places a major focus on reconstruction… The political compass for this reconstruction follows the principles laid down at the Lugano conference. In support of Ukraine, Switzerland has planned to allocate 1.5 billion francs from 2025 to 2028 as part of our strategy for international cooperation,” Amherd said.
Additionally, Amherd and Zelenskyy discussed issues related to humanitarian demining in Ukraine and food security, which is affected by Russia’s ongoing sea blockade of Ukraine’s ports.
President Amherd emphasized the global implications of reduced agricultural output from a major exporting country like Ukraine. “If a large exporter country like Ukraine harvests less food, it will have major negative consequences. In this light, we discussed the efforts of the UN aimed at facilitating the unhindered export of food products and fertilizers from Ukraine through the Black Sea,” added President Amherd.
She stressed that Russia’s decision not to continue the grain initiative poses a threat to global food security.
Note: While the original interview was conducted in English, it was published in Ukrainian. The quotes have been translated back into English, which may introduce some errors or inconsistencies.
Read also:
- Switzerland to host Global Peace Summit
- Davos communique sets stage for global cooperation on Ukraine Peace Formula
- Over 60,000 Ukrainian troops trained under UK military programs since Russia launched all-out war
- Duda: Russo-Ukrainian war to dominate Davos discussions
You could close this page. Or you could join our community and help us produce more materials like this.
We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society.
A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support.
The post Switzerland to allocate over $1.7 billion for Ukraine’s 2025-2028 recovery efforts appeared first on Euromaidan Press.
