Support for Key Sectors Ukraine-EBRD

by Meifan Honcharuk
Tuesday, June 20, 2023
Support for Key Sectors Ukraine-EBRD

At a conference in London, the head of the EBRD will sign a memorandum with 17 corporations on investing in Ukraine and the insurance market

On June 21, during the UkraineRecovery summit in London, EBRD president Odile Renaud-Basso is going to sign a memorandum of understanding with 17 international companies. Its goal is to synchronise efforts in the field of investment in Ukraine and, especially, in its private sector. This memorandum consolidates the decision of the G7 and the EBRD to create a platform for international investment in our country.

In addition, Renault-Basso plans to sign several more documents:

  • Statement on the resumption of the insurance market of Ukraine;
  • 3 memorandums with the PM of Ukraine in the areas of hydropower, electricity and gas;
  • Ensuring Food Security project;
  • Ensuring the sustainability of the private sector project.

"The EBRD has a very practical goal from the outset: to support the resilience of the Ukrainian real economy here and now by prioritising energy security, vital infrastructure, food security and support for the private sector. During the recovery phase, in addition to continuing to support reforms, we plan to work even more actively in these areas and continue to support key sectors of the Ukrainian economy," Odile Renaud-Basso.

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