New Partnership Agreement Between Ukraine and Switzerland for Reconstruction Efforts
The governments of Ukraine and Switzerland have entered into a new bilateral agreement aimed at enhancing cooperation in reconstruction efforts. This document was signed by the Cabinet of Ministers of Ukraine and the Federal Council of Switzerland.
According to the Ministry of Economy, the Swiss government views the reconstruction of Ukraine as a strategic priority and plans to allocate 5 billion francs (approximately €4.8 billion) by 2036.
The agreement stipulates that Switzerland will provide non-repayable financial and technical assistance to procure goods and services from Swiss companies for reconstruction projects in the following sectors:
- Energy;
- Transportation and mobility;
- Machinery for manufacturing processes;
- Construction;
- Water supply;
Additionally, the agreement addresses disaster prevention and response.
As per the Ministry of Economy, the agreement ensures a transparent project selection mechanism through public procurement in accordance with Swiss law, involving only Swiss companies. Special emphasis is placed on:
- Impact on the reconstruction process in Ukraine;
- Contribution to achieving Sustainable Development Goals and a “green” transition;
- Job creation in Ukraine;
- Professional training of Ukrainian specialists.
