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Home›Albania Lending›Representatives of the authorities of 42 countries sign the final declaration of the conference on the restoration of Ukraine in Lugano

Representatives of the authorities of 42 countries sign the final declaration of the conference on the restoration of Ukraine in Lugano

By Blake G. Keller
July 5, 2022
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Representatives of the authorities of 42 countries signed the final declaration of the conference on the restoration of Ukraine in Lugano, which condemned Russia’s military aggression against Ukraine and called on Russia to immediately withdraw its troops from the Ukrainian territory.

According to the statement, the signatories reaffirmed their full support for Ukraine’s sovereignty and territorial integrity within internationally recognized borders, and also declared that Russia’s military aggression against Ukraine, deliberately targeting the civilian population, resulted in great human losses, catastrophic destruction of infrastructure, schools, hospitals, citizens’ housing and cultural heritage, heavy economic and financial losses for Ukraine, chains of destabilized global values ​​and compromised global food security.

The countries also pledged to support Ukraine on the road to recovery and also recognized the draft recovery and development plan initiated by Ukraine as the main framework document that sets the direction for the recovery process and ensures the coordinated participation of many actors and partners.

In addition, the parties supported the creation of an effective coordination platform between the Ukrainian government and all bilateral and multilateral partners, organizations and international financial organizations for the preparation and implementation of the recovery and development plan from Ukraine.

The signatories stressed the importance of fair and transparent financing, lending and borrowing for development, in accordance with recognized international rules, standards and principles in the process of rebuilding Ukraine.

They also invited the private sector, representatives of academia and civil society, as well as participants at the regional level, to form partnerships with their Ukrainian counterparts.

The Declaration was signed by Heads of State and Government, Ministers and High Representatives of Albania, Australia, Austria, Belgium, Greece, Denmark, Estonia, Israel, Ireland, Iceland, Spain, Italy, Canada, Cyprus, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Moldova, Country Netherlands, Germany, Norway, North Macedonia, Poland, Portugal, Republic of Korea, Romania, Slovakia, Slovenia, United Kingdom of Great Britain, United States of America, Turkey, Ukraine, Hungary, Finland, France, Croatia, Japan, as well as senior officials and representatives of the Council of Europe, the European Bank for Reconstruction and Development, the European Commission, the European Investment Bank, the Organization for Cooperation and of economic development.

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