Minister Sajjan to attend Ukraine Recovery Conference and Summit for a New Global Financing Pact
News release
June 20, 2023 - Ottawa, Ontario - Global Affairs Canada
The Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, today announced that he will be travelling to London, United Kingdom, to attend the Ukraine Recovery Conference on June 21, 2023. Minister Sajjan will then travel to Paris, France, where he will take part in the Summit for a New Global Financing Pact on June 22 and 23.
The Ukraine Recovery Conference will be an opportunity for Canada to confirm its strong commitment to Ukraine’s recovery and reconstruction by addressing immediate needs, supporting ongoing reform efforts and strengthening Ukraine’s business investment environment for private sector participation.
While at the conference, Minister Sajjan will meet with a private sector delegation from Canada, Ukraine’s Deputy Prime Minister for Restoration, the President of the European Bank for Reconstruction and Development and members of Ukrainian civil society, among others.
At the Summit for a New Global Financing Pact, Minister Sajjan will affirm Canada’s support for innovative global reforms that improve access to finance for low- and middle-income countries and catalyze much-needed investment in achieving the Sustainable Development Goals. During the Summit, Minister Sajjan will also participate in a number of events, including a discussion on multidimensional vulnerabilities and access to financing for small island developing states.
While at the summit, Minister Sajjan will continue, as he did at the recent G20 Development Ministers’ Meeting in India, to encourage developed countries to maintain the momentum for concrete reforms to the international financial architecture that improve access to development finance for developing country partners.
Quotes
“Russia’s illegal war of aggression against Ukraine has had ripple effects around the world, particularly on food and energy security affecting the most vulnerable. These impacts are compounded by the challenges that many developing countries have experienced for years, including rising debt levels, climate change and conflict. Canada stands with countries around the world as we all combat these challenges and we will ensure that our Feminist International Assistance Policy guides our continued support to the Global South. At the same time, Canada will continue to support Ukrainians as they continue to bravely defend their country, culture and democracy against Russia’s brutal attacks.”
- Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada
Quick facts
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Canada is providing over $8.8 billion in financial, military, humanitarian, development and immigration assistance support to Ukraine.
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The Russian invasion of Ukraine has been a major shock to an already strained food system, resulting in record-setting high prices food, fuel and fertilizer. Canada continues to provide development assistance to address the root causes of hunger and strengthen the resilience in global agriculture and food systems for the poorest and most vulnerable, disbursing $670 million in fiscal year 2022 to 2023.
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Canada has gone above and beyond its commitment to direct its newly allocated International Monetary Fund Special Drawing Rights to countries in need by channeling nearly 40% of this allocation to low-income and vulnerable countries.
Associated links
Contacts
Haley Hodgson
Press Secretary
Office of the Minister of International Development
Haley.Hodgson@international.gc.ca
Media Relations Office
Global Affairs Canada
media@international.gc.ca
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