Italian and Japanese ECAs allocate billions for Ukraine

(Interfax & UKRANEWS, Kiev, 19 February 2024) The Italian export credit agency SACE will allocate 1.5 billion euros to support trade and financial operations, in particular, in the field of healthcare and infrastructure. Japan's NEXI will allocate EUR 1.3 billion to support Japanese investors in Ukraine consisting of two parts: guarantees for Japanese investors, as well as a credit line for the export of Japanese goods for the implementation of Ukraine's reconstruction projects. The Ukrainian News Agency earlier reported that Ukraine's reconstruction needs already amount to almost USD 486 billion.