France Commits Over $700 Million in Loans and Grants to Support Ukraine’s Infrastructure

France is poised to extend over $700 million in loans and grants to Ukraine to strengthen key infrastructure targeted by Russian forces, as reported by French outlet 20 Minutes on June 5.

The agreement between Ukraine and France is expected to be finalized on June 7, coinciding with President Volodymyr Zelenskyy’s visit to Paris.

The initial portion of the agreement will provide 400 million euros in loans and 50 million euros in grants to the French Development Agency (AFD), aimed at expanding its operations in Ukraine until 2027.

The subsequent segment will allocate €200 million to a critical infrastructure support fund.

This financial assistance will primarily target Ukraine’s transportation and energy infrastructure, which sustained significant damage during heavy Russian assaults in 2024.

A joint press conference between President Zelenskyy and French President Emmanuel Macron is scheduled for June 7 to announce the aid package and other agreements.

During the visit, an official decision regarding the potential deployment of French military instructors to operate in Ukraine may also be disclosed.