Germany is very keen to see a stable, democratic and economically flourishing Ukraine. Since 2014, around 544 million euros have been newly pledged within the framework of bilateral development cooperation (mainly implemented by GIZ and KfW). The cooperation is focused on sustainable economic development, democracy, civil society, public administration, decentralisation and energy efficiency. What is more, projects from other funding sources (e.g. transitional aid, the special initiative Tackling the Root Causes of Displacement, Reintegrating Refugees) and other institutions (e.g. political foundations, NGOs, social organisations, chambers, associations) have been approved. Many projects aimed at helping the internally displaced (essential supplies, housing, employment) and fostering reconstruction or the development of social infrastructure in eastern Ukraine are also being implemented.
In addition to the bilateral assistance provided by the individual ministries, the German Government made available an untied loan amounting to 500 million euros in 2014.
All support measures funded by the German Government are pooled in a Ukraine Action Plan. Several federal ministries and implementing organisations such as KfW and GIZ, as well as business and civil society, are involved in its implementation. The Federal Foreign Office is in charge of coordinating the plan. The Action Plan contains both short-term measures to alleviate acute hardship and medium and long-term projects, as well as programmes designed to tackle further-reaching structural problems in Ukraine. A level of cooperation which is almost unparalleled in Germany’s relations with other countries has thus been established. This bilateral cooperation is constantly being further enhanced by direct communication between and frequent visits by those involved on both sides.
Germany is one of Ukraine’s most important trading and investment partners. It is not only the second largest supplier of Ukrainian imports and a key market for Ukrainian exports, but also one of the biggest sources of foreign investment in Ukraine.