European Council proposes to create Ukraine Solidarity Trust Fund.

“Bearing in mind the destruction and enormous losses brought upon Ukraine by Russia’s military aggression, the European Union is committed to provide support to the Ukrainian Government for its immediate needs and, once the Russian onslaught has ceased, for the reconstruction of a democratic Ukraine. To that end, the European Council agrees to develop a Ukraine Solidarity Trust Fund and invites its international partners to participate, and calls for preparations to start without delay. It calls on the Commission to continue to provide technical assistance in order to help Ukraine implement necessary reforms.

The European Council calls for an international conference to be organised in due time to raise funding under the Ukraine Solidarity Trust Fund”, - reads the statement.