State Secretary Žbogar announces €6 million more in aid at Ukraine Recovery Conference
State Secretary Samuel Žbogar attends the conference on Ukraine's recovery hosted by British Prime Minister Rishi Sunak and Ukrainian President Volodymyr Zelenskyy. At the conference, he expressed Slovenia's support for Ukraine's recovery and reconstruction process and announced an additional €6 million in aid.
State Secretary Žbogar stressed that Slovenia has stood in solidarity with Ukraine since the first day of the war and has provided it substantial assistance and political support. Slovenia recently responded with humanitarian aid to flood victims following the unthinkable destruction of the Nova Kakhovka dam. "To help Ukraine mitigate the consequences of the war, the Slovenian Government has allocated an additional €6 million and is planning further assistance. Our activities are focused on demining, rehabilitation of war victims, psychosocial assistance to children and their families, and assistance in the health sector," said State Secretary Žbogar.
The Russian invasion has also exacerbated the economic challenges facing Ukraine. Disruptions in trade, a drop in foreign investment and the uncertainty caused by the war have taken a severe toll on Ukrainian society and economy. "That is why we are getting ready to help with the reconstruction of Ukraine, together with our implementing institutions and Slovenian companies. The Slovenian Government is drafting a regulation on insurance of international economic transactions in Ukraine in times of war. It will make it easier for the Slovenian private sector to invest in the priority projects and sectors of the Ukrainian economy, which will contribute to the much-needed socio-economic recovery," explained the State Secretary.
The sixth annual international conference on Ukraine, which is already reflecting the changed circumstances due to last year's Russian aggression against Ukraine by putting recovery and reconstruction in focus along with the reforms, is hosted by the British Foreign Office. The aim of the conference is to promote Ukraine's recovery and reconstruction process, to review the work done so far in this area and to secure further international support for the country's recovery efforts. Its aim is also to attract the private sector and development and financial institutions to invest in the country and to participate in its reconstruction. Among the participants at the London conference are also representatives of SID Bank and Slovenian companies.