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The President of Ukraine held a meeting with the management of BlackRock

by Vaibhav
May 7, 2023
in News
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The President of Ukraine held a meeting with the management of BlackRock
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  • The parties discussed the creation of an investment fund
  • He will work to restore the economy of Ukraine

President of Ukraine Volodymyr Zelensky met with representatives of the American transnational investment corporation BlackRock. At a meeting of the parties discussed the issue of creating an investment fund that will work to restore the economy. The main goal of the fund is to attract private and public capital, which will be used to implement large-scale business projects in the country.

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The result of the meeting was the signing of an agreement with BlackRock Financial Market Advisory on the provision of services to support the Development Fund of Ukraine.

President Volodymyr Zelensky said during the meeting that since Ukraine’s independence, there has been no real large private capital that would meet the country’s capabilities. He added:

“This will be a powerful signal to improve the investment climate. This is important not only for our people, for our society, but also for business, for entrepreneurs abroad. Now a historic moment has come, because since the first days of independence, we have not had such huge investment cases in Ukraine. We are proud to be able to start such a process.”

Zelensky added that the fund will help attract new investments and begin to restore the Ukrainian economy. Also, after the end of active hostilities, they plan to create new enterprises.

“We will be able to offer interesting projects for investments in energy, security, agriculture, logistics, infrastructure, medicine, IT, and many other industries. We want global partners to come in who can provide us with big investments.” Vladimir Zelensky said.

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