Kyiv has secured record-breaking aid at the latest international summit in Italy. During the fourth and largest Recovery Conference in Rome, Ukraine signed nearly 200 agreements and memorandums totaling €11 billion in support, says First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko.

“The Ukraine Recovery Conference 2025 in Rome was the most extensive yet, both in terms of participants and the quality of agreements. Over 6,000 participants from 70 countries, around 200 agreements signed, worth approximately €11 billion,” Svyrydenko states.

One key outcome was the launch of the largest European investment fund for Ukraine’s reconstruction, with four countries and major European development banks pledging support.

Under the Ukraine Investment Framework, a new aid package worth over €2 billion was announced. The Netherlands committed an additional €500 million over 10 years, while Switzerland pledged close to €5 billion in assistance.

Defense industry cooperation was also a central focus of the summit, with discussions on localizing production, creating joint ventures, and sharing technologies.

Among the major industrial initiatives:

• NovaSklo signed an agreement to build a float glass plant
• Bila Tserkva industrial park will launch a new factory in cooperation with the Italian company Gualapack
• The Ukrainian Ministry of Economy signed a €188 million agreement with UNIDO for joint ventures with Japan

Ukraine also focused on new employment programs for women, initiatives to support female entrepreneurship, and commitments to modernize labor legislation.

The conference took place amid an escalation of Russian attacks on Ukraine. Recently, Moscow began launching over 700 drones in a single night, targeting Ukrainian cities. Therefore, the focus of the conference extended beyond reconstruction and included defense.