The War In Ukraine Has No Sign Of Ending, The EU Has Prepared A Reconstruction Platform
JAKARTA - The war in Ukraine has no signs of ending. But the EU is already preparing a reconstruction platform to coordinate the rebuilding of Ukraine.
The plan -- Ursula von der Leyen, President of the European Commission -- will be executed after Ukraine's war with Russia ends, as quoted by Channel News Asia, Monday, July 4.
The platform will be used to map investment needs, coordinate actions, and channel resources, said Ursula in the Swiss city of Lugano.
"Since the start of the war, the European Union has mobilized about €6.2 billion (US$6.48 billion) in financial support," von der Leyen said.
"And ... more to come. We will be substantially involved in the medium and long-term reconstruction," he continued.
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This platform will bring together countries, institutions, the private sector, and civil society. It will also include international organizations such as the European Bank for Reconstruction and Development and the European Investment Bank.
"Through the reconstruction platform, the European Commission can offer its broad expertise in implementing programs that combine reform and investment," said von der Leyen.
"In addition, we have been working closely with Ukraine for a long time. And this work will only increase now that Ukraine is officially a candidate to join our Union."