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Czechia signs unique agreement with Ukraine

Czechia signs unique agreement with Ukraine Czechia signs new agreement with Ukraine (Ministry of Economy)
Author: Oleh Velhan

Ukraine and Czechia are strengthening cooperation in the field of recovery. The countries agreed to accelerate the signing of a G2G intergovernmental agreement, which will pave the way for large-scale investment projects starting in 2026, according to the Ministry of Economy, Environment, and Agriculture of Ukraine.

Ukraine and Czechia reached an agreement on the earliest possible signing of an intergovernmental agreement (G2G), which will serve as the foundation for joint recovery projects.

The talks took place during a meeting between Ukraine’s Minister of Economy, Environment and Agriculture, Oleksii Sobolev, and the Czech delegation led by the Government Commissioner for Ukraine’s Reconstruction, Tomas Kopecny, and Deputy Minister of Finance, Marek Mora.

According to the ministry, Czechia has already received €188 million in credit guarantees from the European Investment Fund to finance projects in both the private and public sectors, with practical implementation scheduled for 2026. The discussions also covered expanding cooperation in industry, energy, investment, waste management, and water resources.

Sobolev emphasized: "We are sincerely grateful to Czechia for its consistent support, particularly for its role in humanitarian demining, the ‘Grain from Ukraine’ initiative, and the fact that even during the war, 220 Czech companies continue operating in our country. Our goal is to deepen cooperation through the signing of the intergovernmental agreement and the ‘Industrial Ramstein’ program."

Industry and energy

The agreement provides for increasing the insurance coverage limit from EGAP, enabling the launch of larger-scale projects. Ukraine will also provide Czechia with a list of industrial equipment needed for enterprises affected by the war. The program foresees grants for Czech companies to supply machinery and components.

Czechia expressed readiness to join energy projects under public-private partnerships and concessions, including oil and gas extraction in Poltava and Lviv regions.

Environment and infrastructure

Significant attention was given to environmental cooperation: Czechia will assist in developing river basin management plans, modernizing water quality monitoring laboratories, and studying soil contamination.

To coordinate these initiatives, a Czech Development Agency (CDA) office will be opened in Kyiv by the end of 2025. Czech representatives also confirmed participation in key international events: the UN humanitarian demining conference in Tokyo (October 22–23, 2025) and the ReBuild Ukraine 2025 forum in Warsaw (November 13–14, 2025). Investment seminars are scheduled for spring 2026, including those focused on venture capital in the mining sector.

On September 14, three Czech Mi-171Sh helicopters arrived in eastern Poland to reinforce NATO’s eastern flank after incursions by Russian drones.

In parallel, intelligence services of Romania, Czechia, and Hungary jointly dismantled a Belarusian espionage network in Europe, and Prague announced the expulsion of one Belarusian diplomatic staff member.