Calls for Increased Financing in Ukraine at Berlin Meeting
The European Commission President, Ursula von der Leyen, commended the presence of foreign companies in Ukraine. "I understand that the economy is prepared to provide more aid," she stated. "In conjunction, we will muster sufficient financial means to aid Ukraine in its resistance and recuperation."
The main theme of the two-day Berlin reconstruction conference revolves around the economic role in a sustainable rebuilding of Ukraine - "from defense to repairing damaged energy infrastructure to long-term reconstruction," as remarked by Federal Minister of Economics and Climate Protection, Robert Habeck.
Habeck declared that the gathering aims to unite "economic voices from all pertinent fields to pool our efforts more effectively for Ukraine." A new economic council titled the "Business Advisory Council" will advise the donor nations and Ukraine during the reconstruction process. The chairman of the council, Christian Bruch from Siemens Energy, was announced by Habeck.
Habeck also announced that a collection of cooperation agreements and letters of intent would be signed at the conference. "We're fortifying Ukraine's back - even on its path into the EU," proclaimed Habeck.
Ukrainian President Volodymyr Zelenskyy and Foreign Minister Dmytro Kuleba urged rapid investments from businesses during the conference. Kuleba requested business representatives not to "wait until the war is over." Zelenskyy asserted that Ukraine offers "a vast market" for foreign companies." Several global allies will leave this conference with contracts valued at billions of euros," declared the president.
Federal Minister of Foreign Affairs, Annalena Baerbock (Greens), also requested quick investments. In light of the tremendous reconstruction demands, "foreign investments should be expedited," said the minister.
Read also:
- The EU, led by President Ursula von der Leyen, is expected to contribute significantly to the financial means needed for Ukraine's resistance and reconstruction at the upcoming Reconstruction conference in Berlin.
- Robert Habeck, the German Federal Minister of Economics and Climate Protection, emphasized the importance of economic investments in Ukraine's reconstruction, particularly in areas such as defense, energy infrastructure, and long-term reconstruction.
- At the conference, Robert Habeck announced the formation of a new economic advisory council, the "Business Advisory Council," which will provide guidance to donor nations and Ukraine during the reconstruction process, with Christian Bruch from Siemens Energy serving as the council's chairman.
- In an appeal for rapid investment, Ukrainian President Volodymyr Zelenskyy urged businesses to seize the opportunity in Ukraine's vast market, noting that several global allies would leave the conference with contracts valued in billions of euros.
- Annalena Baerbock, the German Federal Minister of Foreign Affairs, echoed the call for expedited foreign investments, recognizing the significant demands for reconstruction in Ukraine and the nation's need for strong economic support.
