The Ukrainian parliament has ratified the agreement between the Ukrainian
and German governments on financial cooperation under municipal Climate
Protection Program II (Municipal water supply system project in Chernivtsi,
stage 1).
Bill No. 0074 on the ratification of the agreement was supported by 243
lawmakers on Wednesday.
The agreement between the Ukrainian and German governments on financial
cooperation under municipal Climate Protection Program II concerns liabilities
to finance the municipal water supply system project in Chernivtsi and it was
signed on February 6, 2015 in Kyiv.
According to the agreement, the German government provides a possibility of
receiving a loan of up to EUR 17 million by the Ukrainian government or other
borrowers that are to be jointly selected by the governments of the two
countries.
Under the agreement, the Cabinet of Ministers of Ukraine will send the
credit to Chernivtsivodokanal.
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