The Netherlands has approved a new €1.2 billion financial support package for Ukraine for 2027–2029.

Of this amount, €136 million will be allocated to supporting businesses, including through the Ukraine Partnership Facility (UPF), while a further €19.5 million will be provided to expand export credit insurance.

Ukraine’s Prime Minister Serhii Koretskyi and Oleksandr Kravchenko held a separate meeting with Shurd Sjoerdsma to discuss the immediate needs of the Ukrainian economy and the conditions required for recovery and development. Key topics included war risk insurance, protecting industrial facilities from Russian attacks, developing priority economic sectors, and logistics.

As part of the visit of the Dutch delegation to Kyiv, a Dutch-Ukrainian roundtable was also held under the chairmanship of the President of Ukraine and the Prime Minister of the Netherlands. The event took place in a hybrid format, simultaneously in Kyiv and The Hague, bringing together government and business representatives from both countries.

During the roundtable, Oleksandr Kravchenko and Shurd Sjoerdsma signed a Joint Declaration of Intent on deepening economic cooperation and supporting the recovery and resilience of Ukrainian industry.

The document provides for:

• Developing the Industrial Ramstein initiative to supply Ukrainian enterprises affected by Russian attacks with the equipment necessary to resume operations;
• Strengthening cooperation between Ukrainian and Dutch private sector companies within the framework of the Lviv Conference;
• Continuing cooperation under the Ukraine Partnership Facility in accordance with the memorandum signed at URC 2025 in Rome.

In September this year, the Ukrainian Government expanded the war risk insurance mechanism for businesses and simplified the procedure for obtaining compensation.

Source: https://gmk.center