Ukraine and the United States are discussing expanding the scope of the reconstruction investment fund

17 April 20:01

Prime Minister Yulia Svyrydenko and DFC CEO Ben Black discussed expanding the capabilities of the U.S.-Ukraine Reconstruction Investment Fund (URIF).

The Prime Minister announced this on Telegram, according to "Komersant Ukrainian".

“In less than a year, the fund has gone from an idea to tangible results. The first investment in a Ukrainian dual-use technology company has already been approved, and over 200 applications are under review. These are important milestones in our long-term economic partnership between Ukraine and the U.S. in priority areas—energy, dual-use technology manufacturing, critical minerals, and infrastructure,” the head of government emphasized.

Svyrydenko also reported that joint work is underway to develop practical tools to support investors—specifically, the use of war risk insurance mechanisms offered by the DFC to private-sector companies.According to her, the meeting also specifically addressed cooperation with Naftogaz and potential investment projects, particularly the restoration of oil and gas equipment damaged by Russian attacks in partnership with American companies.

“Ukraine is offering its American partners the use of its underground infrastructure for gas storage. This will strengthen Europe’s energy security and create new energy supply routes,” Svyrydenko said.

The parties also focused on a new area of cooperation with the DFC to provide affordable housing for Ukrainians.

As a reminder, the U.S. International Development Finance Corporation (DFC) is a U.S. government agency that finances development projects in low- and middle-income countries by mobilizing private capital. It invests in energy, healthcare, infrastructure, and small businesses, actively supporting Ukraine, particularly through war risk insurance and loans.

Королюк Наталя
Editor

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