ua en ru

Switzerland commits €1.6 billion in aid to Ukraine

Switzerland commits €1.6 billion in aid to Ukraine Photo: President of Switzerland Viola Amherd (Getty Images)

Switzerland will provide Ukraine with 1.5 billion francs (approximately 1.6 billion euros) in assistance from 2025 to 2028, according to a statement by the President of Switzerland, Viola Amherd.

"Switzerland sees a particular focus on the reconstruction of Ukraine. From the perspective of the Federal Council, the reconstruction holds strategic importance for the stability of the continent," she declared at a joint press conference with Ukrainian President Volodymyr Zelenskyy.

According to Amherd, the political compass for reconstruction is guided by the principles established in Lugano at the conference on the restoration of Ukraine in July 2022.

"To support Ukraine, Switzerland has planned to allocate 1.5 billion francs during the next international cooperation strategy from 2025 to 2028," stated the President of Switzerland.

Davos forum

On January 14 in Davos, a meeting took place involving leading diplomats to lay the groundwork for a peaceful plan to resolve the war in Ukraine. Representatives from Ukraine, including Defense Minister Rustem Umеrov and Ombudsman Dmytro Lubinets, participated in the discussions.

Additionally, today, Ukrainian President Volodymyr Zelenskyy commenced a working visit to Switzerland. It is known that he will address the forum with a special statement.