KYIV, April 13 – Spain has signed an agreement with the European Bank for Reconstruction and Development (EBRD) to provide guarantees in the amount of EUR100 million to support the bank's operations in the municipal sector of Ukraine, as well as to ensure food security in Ukraine, the bank said on Thursday.
"Boosting agricultural production and securing the agricultural value chain in Ukraine are critical to ensuring food security. The EBRD’s investments are also helping to avert a global food crisis by addressing risks to the supply of vital foods, particularly to economies that are highly dependent on food imports (such as those in the bank’s southern and eastern Mediterranean region)," the bank said.
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