Over the next three years, the Netherlands will provide Ukraine with €1.2 billion ($1.3 billion) in non-military aid, including €40 million ($45 million) for urgent repairs by the year-end, as Kyiv seeks to repair energy and water infrastructure damaged by Russian strikes.Dutch Minister for Foreign Trade and Development Cooperation Sjoerd Sjoerdsma, announced the package during his visit to Kyiv on Wednesday, Oct. 28, according to an official statement from the Dutch government. During his travels, he was accompanied by Coen van Oostrom, President of the Confederation of Netherlands Industry and Employers (VNO-NCW).JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official.Ukrainian Prime Minister Serhii Koretskyi separately confirmed the 2027-29 funding, noting that it would cover energy, water supply, the private sector and other reconstruction, on top of the military assistance the Netherlands already provides.“Support for recovery and reconstruction cannot wait for a ceasefire,” Sjoerdsma said.“It is essential for the security of us all that we continue to support Ukraine and its people to withstand this war. That is why the government has decided on this new package,” he continued.Together with Ukraine’s Minister of Economy and Environment Oleksandr Kravchenko, Sjoerdsma were also scheduled to sign a declaration of intent on a €10 million ($11 million) Dutch contribution to the “Industrial Ramstein,” an initiative launched by President Volodymyr Zelensky. Other Topics of Interest US, Russia Discuss Oil Deals in Ukraine Peace Talks – FT Proposed US-Russia deals include Sakhalin oil production, Druzhba exports, and access to Russian airspace, according to the Financial Times. At the time of the report, it was not immediately clear whether the document had been signed during the meeting.Ukraine facing a tough winterThe package comes as Ukraine approaches its fifth winter of war, with Russia widely expected to expand and intensify its winter campaign against the country’s critical infrastructure. Beyond heating and energy infrastructure, senior Ukrainian authorities have warned that Russian forces are planning to attack the water supplies as well.“Ukraine is under heavy fire and facing a tough winter,” Sjoerdsma said, noting that before the end of this year, the Netherlands will also contribute €40 million ($45 million) to the Ukraine Energy Support Fund. The allocation is intended to cover the most urgent repairs and replacements in the power system.A further €55 million ($61 million) will finance deliveries of energy equipment from Dutch companies to Ukrainian partners, arranged through the Netherlands Enterprise Agency.Protecting critical infrastructure is a key priority for Kyiv, Koretskyi said.He listed backup equipment and spare parts that allow facilities to be quickly restored after Russian attacks, as well as physical and civil protection of energy sites. In this area, Ukraine receives substantial help from both the Dutch government and private Dutch companies.As of Oct. 15, Ukraine is also facing a critical shortage of Patriot interceptor missiles, having completely depleted its stock.For Kyiv, the PAC-3 is currently among the very few weapons capable of intercepting Russia’s Iskander-M, a ballistic missile carrying a half-ton warhead strong enough to tear down a quarter to half of a typical apartment block.President Volodymyr Zelensky has continued to press Western allies for faster deliveries ahead of winter.Bigger role for Dutch companiesAccording to the official statement, the package presented to Ukrainian authorities in Kyiv also boosts support for Dutch firms seeking a role in Ukraine’s recovery.About €136 million (roughly $152) is earmarked for private sector initiatives, including the Ukraine Partnership Facility.The Dutch government is also adding another €19.5 million ($22 million) to its existing €60 million ($67 million) export credit insurance facility to lower the risks for companies exporting goods to Ukraine.Sjoerdsma argued that the private sector was essential to keeping Ukraine’s economy functioning during the war. Companies that get involved now would help shape future partnerships and supply chains, he said.Van Oostrom, for his part, said he was impressed by how Ukraine was keeping its economy running even during such difficult circumstances. “But reconstruction will be a huge job, and Dutch companies can play an important role in it,” he added, noting that this would require close cooperation with the Ukrainian government.According to Koretskyi, Kyiv is interested in Dutch investment and expertise in agriculture, Information Technology (IT) and energy equipment.In turn, Ukraine is ready to share its experience in rapid reconstruction and infrastructure protection.A war-risk insurance mechanism, developed by the Ukrainian government, was also presented during the meeting.Returns of abducted Ukrainian childrenthrough the United Nations Development Programme, the Netherlands will also continue funding efforts to locate and return Ukrainian children unlawfully abducted by Russia.The same package covers housing, humanitarian aid, healthcare, mental health and psychosocial support, the restoration of cultural heritage and demining as well.Much of the funding for Ukraine will overall be channeled through the European Bank for Reconstruction and Development, the World Bank and the European Investment Bank.On Sept. 15, the Netherlands announced it will allocate an additional €327 million (roughly $378 million) for Ukraine’s recovery and reconstruction between 2027-29, on top of the previous €878 million (approximately $1 billion) already pledged for non-military support over the same period.
Netherlands Pledges €1.2B to Ukraine, Including €40M for Urgent Repairs by Year-End
Full Article
Original Source
Read the full article at Kyivpost →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.