Japan to provide Ukraine with biofuel production technology - Kyodo

Japan to provide Ukraine with biofuel production technology - Kyodo

Ukrinform
Japan plans to provide Ukraine with biofuel production technology to support the country's recovery efforts after the war with Russia.

According to Ukrinform, Kyodo News reports this with reference to informed sources in the Japanese government.

The plan will be presented next month in Tokyo at a meeting of representatives of the public and private sectors of the two countries to discuss support for Ukraine's recovery, the article says.

Tokyo expects biofuel technology to create a new industry in Ukraine, which is rich in resources that can be used as fuel.

Read also: Ukraine interested in Japan’s anti-drone laser gun prototypes - ambassador

Japanese firms are expected to agree to provide renewable energy production technology and related equipment at the Japan-Ukraine Economic Reconstruction Promotion Conference to be held on February 19.

If the new industry is successful, it will provide promising export products for Ukraine and potentially help increase the country's foreign exchange earnings, an unnamed Japanese official said.

In addition to biofuels, Japan is also considering providing 3D-printed leg prostheses and PTSD treatment technology. Japan also plans to support the introduction of remote medical care and smart farming technologies in Ukraine.

Read also: Ukraine needs over $37B in external financing this year

As reported, Japan is the third largest donor of financial assistance to Ukraine. In 2023, the state budget of Ukraine received USD 3.7 billion in concessional financing and grants.

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-