German Economy Minister Robert Habeck paid an unexpected visit to the Ukrainian capital, Kyiv.
- Posted on April 3, 2023
- News
- By Arijit Dutta
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German Economy Minister Robert Habeck:-
Habeck Stresses Germany's Belief in Ukraine's Victorious Future During Visit to Kyiv
German Economy and Energy Minister Robert Habeck made a surprise visit to Kyiv, Ukraine on April 3, accompanied by a small business delegation. The visit was Aimed at discussing Ukraine's post-war reconstruction, with a particular focus on the country's economic recovery. As per the reports, Habeck informed journalists at the train station in Kyiv that his presence was intended to convey to Ukraine the message that they have faith in its ability to emerge victorious and rebuild itself. Habeck also stressed that Ukraine would be "an economically strong partner in the future". Habeck's visit to Ukraine is significant as it is his first visit since Russia's invasion slightly over a year ago. While several German officials, including Chancellor Olaf Scholz and Foreign Minister Annalena Baerbock, have already made the trip to Ukraine.
German Delegation Assures Ukraine of Economic Partnership Amidst Recovery and Reconstruction
Siegfried Russwurm, head of the Federation of German Industries (BDI), who was also part of the delegation, said the trip was "a signal to Ukrainians that the German economy stands by them". According to the World Bank, Ukraine's recovery and reconstruction process will require a minimum of $411 billion (equivalent to 380 billion euros). The transportation sector is expected to require the highest Amount of funding, followed by housing and energy. The visit by Habeck and the German business delegation signals Germany's commitment to supporting Ukraine's economic recovery and rebuilding efforts, which will be crucial in securing Ukraine's future as a strong economic partner.