In Kiev called the value of the European “Marshall plan” for Ukraine

In Kiev called the value of the European “Marshall plan” for Ukraine

“Marshall plan” for Ukraine, the development and promotion of which involved the Lithuania provides for the allocation of Kiev €5 billion annually. Previously with a call to develop such a plan to the countries of Europe appealed to the President Petro Poroshenko.

“The new European plan for Ukraine”, which is called a modern version of the “Marshall plan” for economic and financial assistance to Kiev would cost the taxpayers of the countries of the EU €5 billion annually, said the first Vice-Premier of the Ukrainian government Stepan Kubiv on his page in Facebook. The project develops Lithuania.

“This initiative of the Lithuanian Seimas, provides for assistance to Ukraine in the context of European integration. We are talking a minimum of $5 billion annual support reforms aimed at economic growth and development,” wrote Stepan Kubiv.

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According to the Vice-Prime Minister, now the project is “being actively discussed in international institutions, to ensure the formation of the group of friends of Ukraine”.

The President of Ukraine Petro Poroshenko in April 2017, urged European countries to develop a “Marshall plan” for Ukraine. The announcement was made at the end of the Congress of the European people’s party (EPP) which adopted a resolution on developing a long-term plan of support for Ukraine. According to him, thus EPP “acknowledged the European perspective of Ukraine and is ready to help to achieve this strategic goal.”

That EU leaders discussed the possibility of preparing a new long-term plan to support Ukraine, Poroshenko said, summing up the results of the EU summit in Kyiv, which was held on July 13. However, the negotiations ended without the signing of the final document.

One of the authors of the Lithuanian plan, former Prime Minister and current member of the Seimas Andrius Kubilius, said that the long-term plan for Ukraine will be represented at the Eastern partnership summit in November 2017.

The Association agreement between Ukraine and the EU was finally ratified in July 2017 and will enter into force on 1 September. Before that it operated in a restricted mode, because in April 2016 at a consultative referendum in the Netherlands the majority of Dutch people voted against the Association with Ukraine. In may 2017 the Senate of the Netherlands approved the Association from Kiev, after which the Council of the European Union on 11 July announced that all 28 member countries of the European Union approved the Association agreement with Ukraine.

The European recovery program, named after the author of the “Marshall plan”, was proposed by U.S. Secretary of state George C. Marshall in 1947 and went into effect the following year. The declared goals included the economic recovery of Europe after the Second world war, the elimination of trade barriers, the modernization of industry of European countries.