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Ukraine Recovery Conference in Gdańsk Aims to Secure €10 Billion Through 160 Reconstruction Agreements
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![Photo of Cyril Barabaltchouk]( "Photo of Cyril Barabaltchouk")
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Ukraine expects to sign more than 160 international agreements worth over €10 billion ($11.3 billion) during the Ukraine Recovery Conference in Gdańsk, Ukrinform reported on June 25.
The agreements would be signed alongside the official rollout of the first multi-billion-euro tranche from the European Union’s macro-financial aid package.
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Opening the two-day international forum in Poland, Ukrainian Prime Minister Yulia Svyrydenko detailed the scale of the upcoming economic pacts. “During the next two days of this conference, we expect the signing of over 160 agreements worth more than 10 billion euros ($11.3 billion),” Svyrydenko stated, according to the news agency.
The prime minister added that the summit would mark the formal announcement of a €3.2 billion ($3.62 billion) payout, serving as the initial disbursement of a €90 billion ($101.7 billion) loan facility extended by the European Union to support state stability and modernization.
Invoking the Ukrainian national tradition of toloka—a community custom where citizens unite to rebuild a destroyed home—Svyrydenko compared the historical practice to Ukraine’s contemporary reconstruction strategy.
“This is exactly how we approach reconstruction and recovery. Together, we are taking millions of steps, implementing millions of measures, and realizing projects that help us survive, adapt, and develop,” the head of government explained, expressing gratitude to international allies, with Ukrinform noting her particular emphasis on the sustained assistance provided by Poland.
The Gdańsk summit marks the fifth annual Conference on Reconstruction and Recovery since the commencement of Russia’s full-scale invasion of Ukraine, a milestone Svyrydenko characterized as a testament to both prolonged hardship and national resilience.
“Unfortunately, we are still paying a huge price for freedom, for European freedom and values. Russia is weakening, but it is becoming more aggressive towards the whole of Europe. The challenges facing our continent are existential,” Svyrydenko emphasized, echoing a phrase frequently used by Ukrainian frontline soldiers: “You have to change or die,” according to Ukrinform.
“This is exactly what Ukraine learned in the face of full-scale war. We were forced to innovate to survive, and it has become our superpower,” the Prime Minister underlined. Svyrydenko noted that the state is reinforcing European defense and energy resilience by cultivating favorable conditions for business development, job creation, and the repatriation of citizens.
The prime minister concluded that the reconstruction drive is anchored in a European future, spotlighting the historic milestone achieved during the previous week when the EU formally opened Ukraine’s first membership negotiation cluster.
The initial payout of the €90 billion ($101.7 billion) loan was recently restructured from an anticipated €5.9 billion ($6.67 billion) defense allocation to €3.2 billion ($3.62 billion) in direct budget support.
The adjustment originated from rigorous compliance protocols and oversight requirements, as international authorities sought to establish comprehensive monitoring mechanisms for military expenditures before releasing arms-procurement funds.
A separate disbursement dedicated strictly to defensive requirements is expected once those oversight frameworks are finalized, while the remaining portion of the €90 billion ($101.7 billion) package remains designated for long-term military initiatives.
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