The Verkhovna Rada adopted the Law “On Ratification of the Financial Agreement” Eastern Ukraine: Reunification, Restoration and Revival (Project 3B) “between Ukraine and the European Investment Bank (EIB)”.
According to BusinessCensor , a total of 307 people’s deputies voted for the adoption of the relevant presidential bill №0134 .
The document proposes to ratify the financing agreement with the EIB, concluded on December 9, 2020. The agreement provides for an EIB loan of 100 million euros to finance the reconstruction of roads in the Ukrainian-controlled territories of Luhansk region, connecting the eastern regions with other regions of the country.
The explanatory note to the draft document clarifies that these are roads located along the transport route “Trinity – Severodonetsk – Starobilsk”, which connect a number of small and medium-sized settlements.
The terms of the loan provide for a loan for up to 25 years with a maximum grace period of 5 years. The source of repayment and servicing of the loan will be the funds of the state road fund.
(C)CENSOR.NET 2022
The United States will now treat Ukraine like Western Germany during the Cold War. Putin lost! Slava Ukrayiny!
Hopefully those trapped in Luhansk by Putler will see these new roads and wish they could escape Mordor.