10:21 12.02.2024

Japan to pledge over $100 mln to Ukraine for reconstruction

2 min read
Japan to pledge over $100 mln to Ukraine for reconstruction

Japan will pledge 15.8 billion yen (about $106 million) in aid to Ukraine for the post-war reconstruction of the country, in particular in the field of mine clearance, agriculture, bio- and information technology, the Kyodo News agency reported.

"Japan will pledge 15.8 billion yen ($106 million) in aid to support the reconstruction of Ukraine from war damage in seven fields such as infrastructure rebuilding and demining," the agency wrote on Sunday, citing sources familiar with the matter.

It is expected that "the governments of the two countries are expected to agree on Japan's involvement in the European nation's post-war reconstruction and sign more than 10 memorandums of cooperation at the Japan-Ukraine Conference for Promotion of Economic Reconstruction slated for February 19 in Tokyo."

The conference will be attended by the prime ministers of the two countries, Fumio Kishida and Denys Shmyhal, as well as representatives of industry and business.

According to the agency, "the aid will be used to provide demining equipment and temporary bridges among other resources urgently needed to promote the war-torn country's reconstruction efforts... The seven areas of cooperation also include agricultural expansion, improvement of the humanitarian situation, biotechnology and industrial sophistication, information technology, and governance enhancement and anticorruption measures."

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