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Zelensky approves ratification of Ukraine-EIB agreement on higher education

Source : 112 Ukraine

This agreement aims to provide the universities, partakers of the project, with the assistance in the increase of quality and reliability of their services and efficiency of use of the energy
16:40, 8 May 2020

President's press service

President of Ukraine Volodymyr Zelensky signed the ratification on the grant agreement of the E5R Fund((Project Higher Education of Ukraine) between Ukraine and the European Investment Bank (EIB) as the bill’s card says.

The E5P Grant Agreement with the European Investment Bank for the implementation of the project Higher Education of Ukraine was concluded in order to provide co-financing of the project Higher Education of Ukraine financed by the European Investment Bank and the Northern Ecological Financial Corporation, at the expense of the E5P Fund,” the text of the explanatory note reads.

Related: Zelensky signs law on opening of land market

This agreement aims to provide the universities, partakers of the project, with the assistance in the increase of quality and reliability of their services and efficiency of use of the energy by improvement of their institutional capacity through different events and works aiming for energy conservation and optimization of management processes of energy consumption.

On April 16, the Verkhovna Rada of Ukraine ratified the grant agreement on the E5R Fund (Project Higher Education of Ukraine) between Ukraine and the European Investment Bank.

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