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Rada ratifies loan agreement between Ukraine and South Korea
Journal Staff Report

KYIV, Aug 22 - The Verkhovna Rada ratified the framework agreement between the governments of Ukraine and the Republic of Korea on loans from the Economic Development Cooperation Fund for 2024-2029, which opens up the possibility for Ukrzaliznytsia to purchase another 20 Intercity+ class electric trains.

"This decision opens the way to the final part of the approvals for financing projects that are critical for the Ukrainian economy, including the program to expand the rolling stock of Ukrzaliznytsia - the purchase of 20 Intercity+ electric trains. The program has already received a positive assessment from experts attracted by the Korean fund," Ukrzaliznytsia reported on its Facebook page on Thursday.




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