Copyright © 2021

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Japan pledges $175 million for Ukraine’s economic recovery

On 20 November, Ukrainian Prime Minister Denys Shmyhal held a meeting with Japanese officials and business representatives in Kyiv to discuss priorities for Ukraine’s reconstruction.
Credit: Ukrainian government’s press service
Japan pledges $175 million for Ukraine’s economic recovery

Japan will provide 160 million euros ($175 million) to support economic recovery efforts in Ukraine, Ukrainian Prime Minister Denys Shmyhal announced on 20 November. Shmyhal met with Japan’s Foreign Minister Kiyoto Tsuji, Industry Minister Kazuchika Iwata, and Japanese business representatives in Kyiv to discuss priorities in Ukraine’s reconstruction.

“I voiced our priorities for rapid rebuilding: energy, housing, critical infrastructure, humanitarian demining, and business support. I’m grateful to the Japanese delegation for today’s mission, which will further facilitate the involvement of Japanese companies in reconstruction,” Shmyhal wrote on his Telegram channel.

Shmyhal expressed Ukraine’s interest in creating joint ventures, particularly in processing industries. Cooperation in agriculture, metalworking, machinery, critical raw materials, and IT is important for Ukraine, Shmyhal added. He noted Japan’s experience with post-war reconstruction could be helpful for Ukraine’s economic revival.

“We are thankful to the Japanese government and people for their comprehensive assistance,” Shmyhal said.

On 23 October, Ukraine’s Energy Ministery reported, following a meeting with Japan’s delegation, that Ukraine will receive transformers and solar panels from Japanese partners over the next few months.

Read also:

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. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here

    Related Posts