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Zelensky said that Ukraine needs almost 850 million dollars to combat the energy emergency

German Foreign Minister Annalena Baerbock, Ukrainian First Lady Olena Zelenska, Ukrainian Prime Minister Denys Shmyhal, French President Emmanuel Macron, French Foreign Minister Catherine Colonna and the European Commission President Ursula Von Der Leyen attend the conference in solidarity with the Ukrainian people in Paris.  France
German Foreign Minister Annalena Baerbock, Ukrainian First Lady Olena Zelenska, Ukrainian Prime Minister Denys Shmyhal, French President Emmanuel Macron, French Foreign Minister Catherine Colonna and the European Commission President Ursula Von Der Leyen attend the conference in solidarity with the Ukrainian people in Paris. France

Ukrainian President, Volodimir Zelenskyestimated this Tuesday at about 843 million dollars the emergency help what you need in terms of energy Ukrainedaily target of Russian attacks, before the imminent boreal winter.

“We need various categories of equipment, transformers, equipment to restore high-voltage networks, gas turbines… Our energy system needs emergency help from the european energy systemthat is, the import of electricity from countries of the European Union to Ukraine, at least until the end of the heating season,” Zelensky said.

“This will cost around 800 million euros,” the Ukrainian president specified in a speech by videoconference, at the start of an international conference in support of Ukraine organized in Paris before representatives of 47 countries.

After the lectures Lugano, Warsaw and Berlinthe Paris meeting seeks to neutralize the strategy deployed since October by Russia with the purpose of making the population suffer and weaken the resistance.

“Russia acts cowardly” and “attempts to sow terror among the population” by attacking civilian infrastructure, which are “acts of war,” said the French president, Emmanuel Macronat the start of the conference.

The will of the international community is to help the Ukrainians to “resist during this winter” against a Russia, whose objective is to “plunge[los] in the dark and in the cold,” he added.

The president of Franca, Emmanuel Macron
The president of Franca, Emmanuel Macron

The meeting called “Solidarity with the Ukrainian people” began at the headquarters of the Ministry of Foreign Affairs, in the presence of the Ukrainian Prime Minister, Denys Shmyhalamong other leaders.

The participants focus on five key sectors (energy, water, food, health and transport) to enable Ukraine to preserve its essential infrastructure.

“The immediate objective (…) is that the Ukrainian electricity network does not collapse, that we do not have a blackout for several weeks, that the water does not freeze in the pipes” because they will then be out of service “until the summer” , explained French diplomatic sources.

This effort must entail repairing the infrastructure after each Russian bombardment so that the population can get through the winter and maintain morale.

During the conference, the amount raised for the cause must be announced.

China is the great absentee, according to a diplomatic source. But the meeting has ambassadors from the gulf countries and of Indiaa symbol of solidarity that goes beyond European and North American borders.

The International Monetary Fund (IMF) and the world Bank are also present, although no new announcements are expected from them, they told the AFP on Friday.

The first session will end in the early afternoon with a press conference by the French Foreign Minister, Catherine Colonnaand the Ukrainian Prime Minister.

Ukrainian First Lady Olena Zelenska (left), French President Emmanuel Macron (center), Ukrainian Prime Minister Denys Shmyhal (2-R) and French Foreign Minister Catherine Colonna (R) pose before the conference in solidarity with the Ukrainian people in Paris, France
Ukrainian First Lady Olena Zelenska (left), French President Emmanuel Macron (center), Ukrainian Prime Minister Denys Shmyhal (2-R) and French Foreign Minister Catherine Colonna (R) pose before the conference in solidarity with the Ukrainian people in Paris, France

The conference will continue at the Ministry of Economy and will become a “bilateral for the resilience and reconstruction of Ukraine” in which it will try to mobilize French companies for this effort.

Half a thousand French firms, from stock market giants to start-ups in the digital sector, were invited to participate in this long-term initiative.

Although there is no ceasefire or prospects for an end to the war, “the Ukrainians asked to talk about reconstruction,” the Elysee said.

Some areas impacted at the beginning of the war are already in the reconstruction phase. In addition, the works that Ukraine needs will take years.

The cost of the war for Russia’s neighboring country is immense.

“We had stated in early September that the cost would be around $350 billion, but this will not cover more than the period from the beginning of the war to June 1,” he told the AFP Anna Bjerd, World Bank Vice President for Europe and Central Asia.

A new estimate will be published “in early 2023” and will undoubtedly be higher, he warned.

The Ukrainian economy has already contracted 33% due to the war started by Moscow on February 24.

“With the recent attacks in the country, the contraction will be stronger, we can expect it to be closer to 40%,” Bjerd said.

The financial institution based in Washington did not make forecasts for next year due to the “great uncertainty” of the current situation.

On Monday, the G7 leaders decided in a virtual summit to launch a “platform” to “coordinate financial aid to Ukraine”, announced the German Chancellor, Olaf Schölz.

(With information from AFP)

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