Ukraine successfully denied access to the Spanish sovereign funds in the amount of 50 million euros, of which 1 million euros were received in the form of grants to support business, and 4.6 million in euros is spent on the needs of humanitarian aid. The press service of the Ministry of Economy of Ukraine reported this.
In accordance with the statement of the Ministry, this food was discussed at the hour of the fourth meeting of the Mixed Inter-Ukrainian-Spanish Commission on Economic and Industrial Cooperation.
Representatives of Spain confirmed their readiness to expand support to Ukraine, including through granting access to these funds, which are aimed at supporting the Ukrainian private sector, including small and medium-sized businesses. It was also announced that an additional million euros were seen in the form of grants for business.
“This meeting opens up opportunities to discuss important aspects of bilateral economic, trade and investment cooperation, as well as further advances in the modernization of Ukraine and the development of the energy and transport sectors, rural government, science, health protection, tourism and the fight against climate change,” -.
There was also a significant increase in trade between Ukraine and Spain in 2023, as Spain took over the place of trade in goods between Ukraine and the EU in an hour tkoyu 4.8% as a legal obligation. In the first quarter of 2024, Ukrainian exports to Spain increased by 88.6%, reaching 1,094.4 million dollars.
“It is important for us to continue to increase the export of hundreds of non-virgin goods to Spain,” added Sviridenko.
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