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Lithuania to host international conference on Ukraine's reconstruction

Date

2022 06 28

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On 12 July, at the initiative of the Ministry of the Economy and Innovation an international event Rebuilding Ukraine is organised in Vilnius. The conference will bring together political decision-makers, representatives of business and experts to discuss plans for rebuilding Ukraine.

Russia's war against Ukraine has killed tens of thousands of innocent people, displaced millions of people and caused hundreds of billions of euros of damage to the country's infrastructure.

Aušrinė Armonaitė, the Minister of the Economy and Innovation, is convinced that Lithuania can show leadership to the world, not only by providing military and political support to Ukraine and its people, but also by generating proposals to rebuild Ukraine's infrastructure and economy.

As one of Ukraine's closest partners, Lithuania invites all those who are interested in Ukraine's future to take a decisive approach to rebuilding the country's destroyed infrastructure.

"Together with our partners from Ukraine and the European Union, we are looking for effective and sustainable solutions to anticipate the most urgent reconstruction work and the long-term challenges that await all of us after Ukraine's victory in the war against Russia," said A. Armonaitė.  

According to the Minister, urgent reconstruction of critical infrastructure is needed to ensure the functioning of the state. The most important priorities are the rehabilitation of hospitals and clinics, roads and bridges, water, electricity, gas and heating infrastructure.

"We are currently engaged in active discussions with business and other social partners in Lithuania on possible investments in the renewal of Ukraine's infrastructure. Discussions are also taking place on a financing model for these works, which would ensure transparent and efficient use of the funds," says A.Armonaitė.

Another important topic is the reconstruction of Ukraine after the war. Ukraine's reconstruction is not only about rebuilding buildings and infrastructure, but also about modernising institutions and economic recovery. A new platform and a new financial instrument, the Rebuilt Ukraine Facility, is being developed to consolidate all support, including from international institutions and EU Member States.