Ukraine and partners sign joint declaration for transport support fund
Ukraine will soon be the beneficiary of a new support fund dedicated to transport projects, the Ukraine Transport Support Fund (UTSF). Kyiv signed a joint declaration with Canada, Lithuania and Sweden to that end.
The UTSF declaration signatories will extend an invitation to like-minded countries early next year, who will be able to donate to the fund. UTSF should help Ukraine address the country’s urgent needs in reconstruction and modernisation efforts across all modes of transportation.
“The Ukraine Transport Support Fund is not only a political commitment – it is a practical tool that will allow us to deliver real, tangible projects on the ground”, commented Deputy Minister for Development of Communities and Territories of Ukraine Serhiy Derkach.
Connectivity with Europe
“Ukraine’s transport system requires both urgent repairs and strategic upgrades, and the Fund creates a clear mechanism to channel support where it is needed most. Our priority is to ensure that every contribution translates into completed projects: restored roads and bridges, more efficient border crossings, resilient logistics routes, and modernised public transport systems.”
Derkach underlines that UTSF can help accelerate reconstruction and reinforce connectivity with Europe. One of the primary transport-related efforts currently ongoing in Ukraine is alignment with the EU’s rail network through standard-gauge tracks, such as the Chop-Uzhhorod railway.
