Rebuilding Ukraine: Belgium Announces 6-Point Support Plan

Belgium announced six “new strategic partnerships” to support Ukraine’s reconstruction during Thursday’s Ukraine Recovery Conference in Rome. 

The partnerships include “five Memorandums of Understanding (MoUs) with Ukrainian ministries” to boost social services, according to a press release issued by the Belgian Embassy in Ukraine.

“The Belgian agency for international cooperation Enabel is signing five MoUs today with the Ukrainian ministries of Economy, Health, Energy, Education, and Territorial Development,” it says. 

“These agreements aim to modernize public services, strengthen energy resilience, improve medical and educational infrastructure, and support local employment.”

Enabel’s funding will also go towards education and medical facilities. 

“At the same time, Enabel is funding the construction of school shelters and the renovation of educational and medical infrastructure to ensure continuity of essential services and provide a safe environment for children and communities, even during wartime,” the press release states. 

BIO Invest, a Belgian investment company for developing countries, also signed a €5 million ($5.8 million) agreement with Bank Lviv to support local businesses. 

“This funding supports local small and medium-sized enterprises, which are vital pillars of the Ukrainian economy, essential for job creation, social cohesion, and national resilience,” it says.

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Future funding from BIO is also planned for Ukraine’s energy, agriculture, and financial sectors. 

“BIO plans to invest over €20 million ($23 million) more in the coming years in key sectors such as green energy, sustainable agriculture, and financial services,” the press release adds. 

Belgium said it will continue to provide €1 billion ($1.16 billion) in aid to Ukraine per year between 2025 and 2029.

Belgium has also been sending Ukraine the tax levied on the interests of Russian frozen assets held by Euroclear, a securities house based in Belgium. 

Belgian Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and International Cooperation Maxime Prévot said the country stands in solidarity with war-torn Ukraine, according to the press release. 

“Ukraine is standing firm in the face of Russia’s brutal aggression. It deserves more than our admiration. It deserves our lasting commitment. Supporting Ukraine today means refusing to let a European country be crushed by violence. It means affirming that only a just peace, based on law and sovereignty, is acceptable,” Prévot said.

“These agreements show that our cooperation goes beyond words. It translates into concrete actions, serving the Ukrainian population and supporting key reforms for European integration,” Prévot added.