United States and European Union are largest international donors to Ukraine

United States and European Union are largest international donors to Ukraine

Ukrinform
As of the end of 2017, as many as 453 projects of international technical assistance were implemented in Ukraine, and the USA and the European Union were the largest donors to Ukraine.

This is stated in the report of the Economic Development and Trade Ministry of Ukraine on the international technical assistance for Ukraine for the second half of 2017.

"In the second half of 2017, as many as 453 international technical assistance projects were implemented in Ukraine. Their total estimated cost was $5.5 billion, of which $2.4 billion was funded from the Chernobyl Shelter Fund and Nuclear Safety Account. The largest donors to Ukraine are the United States (about $370 million annually) and the European Union (about $310 million annually). Other donors are Canada, Germany, the Netherlands, Sweden, Switzerland, Japan, Denmark, the UN agencies, the World Bank, the EBRD," the report says.

In 2017, the Government of Ukraine concluded 13 international agreements and other bilateral documents on technical and financial cooperation with the EU, the USA, Japan, the UN and IBRD (International Bank for Reconstruction and Development) worth more than $927 million. In particular, the large-scale Government of Ukraine – United Nations Partnership Framework for 2018-2022 was signed. The estimated volume of resources expected to be used to implement this program is $675 million.

The EU also provided the significant assistance, in particular to finance:

- programs aimed at social and economic restoration of Donetsk and Luhansk regions ($50 million);

- reforming the judiciary, legal procedures and related legal institutes, as well as creation of an effective system of law-enforcement bodies for observance of human rights in Ukraine ($52.5 million);

- successful implementation of the EU-Ukraine Association Agreement in various fields, in particular the development of culture, transport, public administration reform, private sector development, agriculture, land administration, healthcare, good governance and gender equality ($37 million).

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