HomeWorldAmericaGermany's Klingbeil says support for Ukraine comes with reform expectations

Germany’s Klingbeil says support for Ukraine comes with reform expectations

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By Maria Martinez

BANGKOK, ‌Oct 15 (Reuters) - German Finance Minister Lars ​Klingbeil said on Thursday his country's support for Ukraine was ⁠clear but came with expectations for political reforms.

"Our support for Ukraine is clear. There is no wavering ​on that. But there are also clear expectations of the ‌Ukrainian government," Klingbeil told reporters on the sidelines of IMF-World Bank meetings in Bangkok. "I think there is room for ⁠improvement."

"That is also an expectation because ⁠we must repeatedly explain to German citizens why support for Ukraine is so substantial," he added, given cuts in the German budget.

The EU has pledged €45 billion ($50 ‌billion) for Ukraine for 2027, but the country's needs will ⁠be much higher and the ‌EU is scrambling to organise financial ​support from countries such as Norway, Switzerland, Canada, Japan or Britain.

Klingbeil said he was discussing with ‌international partners how to ensure Ukraine's ​financing, with commitments from ⁠Australia and South Korea during meetings on ‌Thursday in Bangkok. 

"One has to ⁠say that this is a different kind of commitment from that of us Europeans, who are geographically ​much closer," Klingbeil said. "But ‌both made very clear that their support for Ukraine ⁠will continue."

(Reporting by Maria ​Martinez; Writing by Martin Petty; Editing by David ​Stanway and Kate Mayberry)

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