The Cabinet of Ministers approved the Draft Law ˮOn the Ratification of the Framework Agreement between the Government of Ukraine and the Government of the Republic of Austria on Economic Cooperation in the Development of Projectsˮ. This decision was made at a meeting of the Cabinet of Ministers on November 4.

The draft Law envisages ratifying the Framework Agreement on Economic Cooperation, signed by representatives of the Governments of both states on September 4, 2022 in Krakow. Adoption of the Law will create the legal basis for the entry into force of the Framework Agreement, which will facilitate economic cooperation with the Government of the Republic of Austria in the development of priority projects.

As it was mentioned in the Government, they are talking about the amounts of more than 600 million euros. The list of projects is not exhaustive and is open to the periodic addition of other priority projects for Ukraine.

Reference source: https://bit.ly/3t5zVn3