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The outbreak of the Russian-Ukrainian war has not only caused another global crisis but has also put millions of people in Ukraine in immediate danger and suffering. Trust Trade Finance, along with several other UK and US market leaders, has decided to make a substantial donation to international organizations helping the Ukrainian people on the ground and in surrounding countries. We report on the details in our article.
Financial aid to Ukraine
The Ukrainian-Russian war that broke out on February 24, 2022, shocked every country and market in the world. Even for those who follow political activities in Eurasia, this inhumane and aggressive act was a big surprise. The war left millions of people homeless and forced them to flee to a neighboring country, leaving their homes and possessions behind.
Trust Trade Finance is committed to helping lives not only in the field of finance, savings, and wealth management but also when it comes to crises. For this reason, the management has decided to donate $10 million to aid Ukraine. The donation will be split between major intergovernmental and nonprofit organizations already on the ground.
UNICEF
7.5 million children are presently at risk due to the increase in armed conflict. More than 1.5 million people have been evacuated from their homes in the neighboring countries since February 24, 2022. As the conflict worsens, the number of refugees and individuals in need of emergency aid may rise dramatically. UNICEF continues to assist on the ground by providing health services, food, clean water, immunization, education, and child and family safety.
UNHCR
The United Nations Refugee Agency: Since 1994, the UNHCR has been working in Ukraine with local authorities, partners, and community organizations. The organization works in both government- and non-government-controlled parts of Ukraine, providing legal, social, and humanitarian aid such as winter clothes and blankets, as well as psychosocial support and emergency housing to those in need. For refugees, internally displaced populations, and stateless people, the worldwide organization fights to preserve lives and build a brighter future. Its purpose is to guarantee that everyone has the right to apply for asylum and seek protection from violence or persecution.
iSans
Immigration, Refugees, and Citizenship Canada (IRCC) is working with Ukrainians and people residing in Ukraine to make it easier and faster for them to return to Canada. The iSans fund assists recently arrived immigrants, especially Ukrainian residents, with urgent special and emergency requirements for which government money is not available.
People in Need
This NGO provides food packages, as well as hygiene goods in Ukraine. Their local teams distribute food, heating materials, drinking water, and repair damaged homes where the current war situation makes it possible.
Trust Trade Finance
Trust Trade Finance is a platform, which aims to open up the global markets in a way that allows everyone to trade and invest in a simple and transparent manner. The team is constantly working to ensure that the existing and new customer base can achieve the highest possible interest rates, even in these challenging times. With investments backed by Lloyd’s based in the UK, returns of up to 160% can be achieved. Now you can also support refugees of the Ukraine-Russia war with your investment, as the Trust Trade Finance team plans to use the company’s profits for further relief efforts.
