Ukraine Secures Over €10 Billion in Recovery Agreements at Gdańsk Conference

Ukraine signed more than 160 agreements worth over €10 billion ($11.7 billion) during the Ukraine Recovery Conference (URC 2026) in Gdańsk, Prime Minister Yuliia Svyrydenko announced on June 26.

The agreements include new European Union and World Bank financing, infrastructure investments, housing support, and expanded cooperation in the defense and energy sectors.

Announcing the results after leading Ukraine’s delegation at the conference, Svyrydenko said the agreements reflected the joint efforts of Ukraine’s leadership and international partners.

“160 signed agreements this year worth more than €10 billion are the result of the daily work of President Volodymyr Zelenskyy and the entire Ukrainian team.”

Among the conference’s largest financial outcomes was the first €3.2 billion ($3.74 billion) disbursement under the European Union’s new financial instrument for Ukraine, alongside a $3.4 billion agreement with the World Bank.

Participants also launched the European Flagship Fund for the Reconstruction of Ukraine and established the Ukraine Transport Support Fund, both intended to mobilize additional investment for the country’s recovery.

The agreements also include €140 million ($164 million) for housing programs and a financing package with the European Investment Bank to restore and protect roads in Ukraine’s frontline regions. Additional partnerships were announced in the defense industry and energy sectors.

Separately, Svyrydenko announced that the Ukrainian government had approved Brave International, a unified framework for cooperation with international partners on defense innovation.

The initiative establishes common procedures for existing and future international programs, including UNITE Brave NATO, Brave Norway, Brave France, Brave Germany, and Brave Lithuania, enabling the rapid launch of joint grant competitions.

According to Svyrydenko, the initial international programs under Brave International already have a combined budget of more than €100 million ($117 million). The grant competitions will be open to both Ukrainian companies and foreign developers and startups.

Under the framework, Ukraine and partner countries will establish joint grant funds based on equal financial contributions, with shared supervisory boards and expert commissions responsible for evaluating applications.

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All technologies selected through the program will undergo testing in Ukraine through the existing Test in Ukraine platform before implementation. Svyrydenko said the Brave1 defense technology cluster is expected to launch the first international competitions under the new framework in the near future.

The initiative is designed to identify technologies that address Ukraine’s current battlefield requirements, attract additional financing for Ukrainian defense startups, and deepen cooperation between Ukraine’s defense technology sector and partner countries' innovation ecosystems.

“This day once again confirmed: Ukraine and Europe share a common path, common values, and a common future.”

During the conference, several Ukrainian defense companies also announced new international partnerships. Among them, drone manufacturer SkyFall signed a memorandum with Poland’s state development bank BGK to explore projects eligible for financing under the European Commission’s Ukraine Investment Framework, part of the EU’s €50 billion ($58.5 billion) Ukraine Facility for 2024–2027.

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