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As stated on the official website of the Ministry of Foreign Affairs of Italy, Antonio Tajani, the Italian Foreign Minister, has declared Italy’s readiness to take on the responsibility of hosting the 2025 Conference on the Recovery of Ukraine.
“The recovery and rebuilding of Ukraine is a commitment that the Italian government takes very seriously,” remarked Tajani at the yearly event dedicated to Ukraine’s Reconstruction, hosted this year in Berlin.
In Berlin, Italy pledged a sizeable sum of 140 million euros (approximately $150 million) towards Ukraine’s infrastructure rehabilitation and confirmed its delivery of a supplementary package for military assistance, which significantly includes air defense equipment. Additionally, Tajani indicated an upcoming cooperation memorandum between Italy and Ukraine, set to be signed on June 11.
The IfW Kiel, or Kiel Institute for the World Economy, an entity that keeps track of global financial assistance for Ukraine, reports that Italy has pledged financial support to Ukraine cumulating to 1.7 billion euros, that is, $1.8 billion as of April 2024.
The 2025 conference on Ukraine’s restoration will convene state officials from 77 nations, and is set to attract some 1,800 participants. Around 500 companies are expected to partake in the conference, with 150 from Germany, 150 stemming from Ukraine, and an additional 200 from various other countries in attendance.
G7 concurs on redirecting $50 billion from Russian assets under freeze towards aid for Ukraine
“It’s a done deal,” affirmed an official from the French presidency, in a statement leading up to the G7 summit scheduled in Italy, beginning June 13.
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Note: The content presented is attributed to TheUBJ through modern AI-based news feed technology and we do not claim any rights to the original news. The original article can be found at https://kyivindependent.com/italy-to-host-2025-ukraine-recovery-conference/ for reference.
FAQ Section
Which country is hosting the 2025 Ukraine Recovery Conference?
Italy has announced that they will be hosting the Ukraine Recovery Conference in the year 2025.
What was Italy’s contribution at the Berlin conference?
Italy committed 140 million euros for Ukraine’s infrastructure as well as an additional package of military aid focusing on air defense systems.
How many countries and participants are expected to attend the 2025 conference?
The conference is expected to host government officials from 77 countries and approximately 1,800 attendees.
How much has Italy committed to Ukraine in financial assistance?
As of April 2024, Italy has committed a total of 1.7 billion euros to Ukraine.
How many companies will be invited to the conference, and from where will they be?
About 500 companies are expected to attend, with 150 from Germany, 150 from Ukraine, and 200 from other participating countries.
