27 January 2022, Thursday, 18:54 374

Denmark Will Provide Technical Assistance To Ukraine For EUR 170 Million In 2022-2026 Period

Editor: Daria Zubkova

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Denmark will provide technical assistance to Ukraine in the amount of EUR 170 million as part of the Danish European Neighborhood Program DANEP in the period 2022-2026.

The Ministry of Foreign Affairs has said this in a statement, Ukrainian News Agency reports.

"According to the decision of the Danish government, Ukraine will become a key recipient of Danish technical assistance under the next phase of the Danish European Neighborhood Program DANEP in the period 2022-2026 with a total budget of EUR 170 million, EUR 73 million of which will be channeled to projects in Ukraine," the press service of the Ministry of Foreign Affairs notes.

Following the meeting between Foreign Minister Dmytro Kuleba and Danish Foreign Minister Jeppe Kofod in Copenhagen, Denmark agreed to consider additional support opportunities to ensure the financial and economic stability of Ukraine.

Kuleba and Kofod also discussed the implementation of common investment projects.

"We highly appreciate the desire of the Danish government to increase economic and investment cooperation with Ukraine. This sends a clear signal to foreign investors that, despite security challenges, the situation remains under control, our state is demonstrating economic growth, it is attractive for investment and successful commercial projects ", the minister stressed.

Besides, Kuleba informed the Danish Foreign Minister about the security situation near the state border and in the territories of Ukraine temporarily occupied by Russia, as well as about the results of the meeting of advisers to the leaders of the Normandy Format states in Paris on January 26.

The interlocutors separately discussed the preparation of a package of tough EU economic sanctions against Russia, as well as cooperation to strengthen Ukraine's defense capabilities and strengthen Ukraine's cybersecurity.

As Ukrainian News Agency earlier reported, Kuleba is on a working visit to Denmark on January 26-27.