Switzerland to allocate additional USD 200 mln to Ukraine

President of Ukraine Petro Poroshenko had a meeting with President of Switzerland Johann Schneider-Ammann during the World Economic Forum in Davos. The parties agreed on the provision of USD 200 million in the form of additional assistance for the replenishment of foreign reserves.

This is reported on the website of the President.

"The President thanked the Swiss Government and people for the humanitarian and financial assistance in the amount of USD 350 million approximately. The parties agreed on the provision of USD 200 million in the form of additional assistance for the replenishment of foreign reserves. The President of Switzerland expressed admiration for the way Ukraine fights for its independence. The interlocutors discussed the course of reforms in Ukraine as well,” the statement reads.

The parties also negotiated ways to intensify Ukrainian-Swiss trade, economic and investment cooperation. With this in view, they agreed to hold the meeting of the Ukrainian-Swiss joint committee on trade-economic cooperation, preparation to the signature of respective bilateral documents and presentation of potential investment projects.

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