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Japan to provide 160 million euros for Ukraine recovery projects

Japan to provide 160 million euros for Ukraine recovery projects Ukrainian Prime Minister Denys Shmyhal (Vitalii Nosach, RBC-Ukraine)
Author: Maria Kholina

Japan is set to provide €160 million in support of Ukraine's economic recovery projects. A big Japanese delegation is currently in Kyiv for discussions, according to Ukrainian Prime Minister Denys Shmyhal.

Shmyhal said that the projects were discussed during meetings with Japan's Minister of Foreign Affairs Kiyoto Tsuji, Minister of Economy, Trade, and Industry Kazuchika Iwata, and representatives of Japanese businesses.

"We outlined our priorities for rapid recovery: energy, housing, critical infrastructure, humanitarian demining, and business support. I am grateful to the Japanese delegation for today's mission, which will contribute to further involvement of Japanese companies in the reconstruction," said the Prime Minister.

According to Shmyhal, Ukraine is interested in establishing joint ventures, particularly in the processing industry.

"Cooperation in the agricultural sector, metalworking, machinery, critical raw materials, and IT is important for us. Japan's experience in post-war reconstruction can be beneficial for Ukraine's economic recovery," Shmyhal added.

He further mentioned that the Japanese ministers assured that Japan's position regarding support for Ukraine would remain unchanged.