Switzerland will allocate $1.7 billion to Ukraine by 2028

Author:
Oleksandra Opanasenko
Date:

Switzerland will allocate 1.5 billion francs ($1.7 billion) to Ukraine until 2028. This aid will be used to restore civil infrastructure and decentralize the energy system.

This was stated by the President of Switzerland, Viola Amgerd, at a joint press conference with the President of Ukraine, Volodymyr Zelenskyi.

Back in September, the Swiss Federal Council declared humanitarian demining of Ukraine a priority and approved a four-year aid package in the amount of 100 million francs.

Already this year, in October, a conference on this issue will be held. Humanitarian demining is a prerequisite for displaced persons to return to their homes and for agricultural lands to be cultivated.

Amgerd also emphasized that Switzerland is ready to organize a peace conference on the Ukrainian peace formula at the level of state leaders. Representatives of Switzerland and Ukraine will begin preparations for the peace conference tomorrow.