On 4 and 5 July, the Swiss city of Lugano is hosting a two-day conference on Ukraine’s reconstruction. Ukrainian Prime Minister Denys Shmigal, speaker of the Verkhovna Rada Ruslan Stefanchuk, a number of Ukrainian ministers and MPs, high officials from the EU and international financial institutions arrived in Lugano. The President of Ukraine participated in the conference online.
“The Russian bombs are still falling, but we know nothing is impossible to the people of Ukraine,” said European Commission President Ursula von der Leyen in her speech. She noted that the Commission has already proposed to set up a reconstruction platform to map investment needs, to coordinate action, and to channel resources to the Ukrainian Government.
“This platform will be the place to shape strategic orientations and priorities for our common work. The focus is on future-proof reconstruction moving towards climate neutrality, embracing the digital decade, building a social market economy – leaving no one behind, ensuring security and defense, all of it embedded in good governance,” said Ursula von der Leyen.
She added that together with German Chancellor Scholz, and in cooperation with the international partners, the EU will organise a high-level international conference after summer ends.
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“We want to bring together the brightest minds and leading global experts on reconstruction to ensure that this generational undertaking is done in the right way. This will give additional confidence to all investors: Your money not only serves a good cause, it will be, first and foremost, spent efficiently and effectively, with maximum impact for the people of Ukraine,” mentioned von der Leyen.
