Ukraine and the Czech Republic have agreed to speed up the signing of an intergovernmental agreement (G2G) that will help implement reconstruction projects in Ukraine. This was discussed during a meeting between Ukraine’s Minister of Economy, Environment and Agriculture Oleksiy Sobolev and a Czech delegation led by the Czech Government’s Envoy for Ukraine’s Recovery Tomáš Kopečný and Deputy Finance Minister Marek Mora.
The parties also discussed expanding cooperation in the fields of industry, investment, energy, water management and waste management.
“We are sincerely grateful to the Czech Republic for its consistent support — in particular for assistance in humanitarian demining, participation in the ‘Grain from Ukraine’ initiative, and for the fact that even during the war 220 Czech companies continue to operate in Ukraine. Our goal is to deepen this cooperation through the signing of an intergovernmental agreement and the ‘Industrial Ramstein’ support programme for affected enterprises,” Oleksiy Sobolev stressed.
The G2G agreement between Ukraine and the Czech Republic is an important step toward deepening bilateral cooperation that will facilitate the implementation of reconstruction projects. The Czech Republic has received €188 million in credit guarantees from the European Investment Fund (UIF) to implement reconstruction projects in the private and public sectors and intends to start implementing them in 2026. To enhance financing and insurance, it was proposed to increase the maximum risk coverage limit of the Czech Export Guarantee and Insurance Agency (EGAP) from the current €5 million. This will make it possible to implement large-scale projects in key sectors.
A separate focus is cooperation between the two countries under the “Industrial Ramstein” initiative. Ukraine will provide the Czech Republic with a list of necessary industrial equipment needed by enterprises affected by the war.
The parties also agreed to develop a special programme with EGAP to provide grants to Czech companies for supplying industrial equipment and production components to Ukraine. The initiative is aligned with Ukraine’s new industrial strategy aimed at restoring and developing domestic production. In the field of water management and waste management, the Czech Republic confirmed its readiness to provide financial and expert support, in particular for the development of river basin management plans, modernization of water monitoring laboratories and assessment of soil contamination. Cooperation with 20 water utilities across Ukraine was discussed.
The Czech side also expressed interest in joint energy projects using public-private partnership (PPP) mechanisms and concessions for crude oil and gas extraction in the Poltava and Lviv regions. To coordinate technical assistance projects and establish close interaction with Ukrainian partners, the sides agreed to open an office of the Czech Development Agency (CDA) in Kyiv in Q4 2025.
The Czech representatives also confirmed their participation in key international events:
- UN Conference on Humanitarian Demining in Tokyo (22–23 October 2025);
- ReBuild Ukraine 2025 in Warsaw (13–14 November 2025).
Investment seminars devoted to attracting venture capital, including in the mining sector, are planned for March–April 2026
