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Ukrainian agro-industrial complex will receive from the EIB loan of 400 million euros.

Ukrainian agro-industrial complex will receive from the EIB loan of 400 million euros.

Posted in News.

The Verkhovna Rada ratified an agreement with the European Investment Bank (EIB) for a loan of 400 million euros for the needs of Ukrainian agro-industrial complex.
The law describes the structure of the loan and its reception: provides granting Ukraine a loan of 400 million euros. The maximum amount of the first tranche shall not exceed 20% of the total loan amount. The maximum amount of each subsequent tranche shall not exceed 30% of the total loan amount.
At the same time the borrower, according to the contract, shall pay a commission of 50 thousand euro.
The funds are allocated to support projects both small farmers and large enterprises.

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