Strengthening Cooperation for Ukraine’s Recovery

The UGB (Ukrgasbank) team had a productive meeting at the European Commission's Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR) in Brussels.

The central focus of the discussions was the pivotal role of the Ukraine Facility and, specifically, Pillar 2 – the Ukraine Investment Framework. This framework, a cornerstone of the EU's support, is designed to mobilize crucial public and private investments for Ukraine's reconstruction, infrastructure development, energy sector revitalization, and overall economic resilience. A key priority remains ensuring support for SMEs and vulnerable groups, fostering an inclusive and sustainable recovery.

DG NEAR plays a vital role in implementing the EU's Neighbourhood and Enlargement policies, providing financial and technical assistance to drive reforms, economic stability, and democratic resilience in the region.

"This visit to DG NEAR was invaluable in reinforcing our partnership and aligning our efforts to support Ukraine," stated Volodymyr Ponomarov, First Deputy CEO of UGB. "We are committed to working closely with our European partners to ensure that the Ukraine Facility delivers tangible results for the Ukrainian people and businesses."

The UGB team expressed its gratitude to DG NEAR for their continued support and commitment to Ukraine. 

We appreciate the Mission of Ukraine to the EU for their support in fostering this important dialogue. Together, we are building a stronger, more resilient Ukraine.

05.03.2025