Deputy Chairman of the Committee on Economic Development Oleksiy Movchan took part in a meeting with representatives of the U.S. International Development Finance Corporation, where they discussed the launch of a U.S.-Ukrainian investment fund to be created on the basis of a minerals agreement signed between the Government of Ukraine and the U.S. Department of the Treasury.
«This opens up great opportunities for Ukraine, says Oleksiy Movchan. We are talking about significant injections into the economy from both American private companies and the state. We discussed how the fund will work, which industries will be prioritised, and what prospects it will open up. The focus is on mineral extraction, as well as transport, infrastructure and energy.
American investment means economic development and new jobs for us. It also sends a powerful strategic signal: where there is money and interest from American companies, there is also a security component. That's how the world works. The example of Israel proves that a large presence of American business automatically strengthens support for the country at the political level. That is why it is so important for Ukraine to increase the volume of such investments and form common economic interests with the United States.
We are already moving in this direction. And the meeting with the DFC is another step towards bringing American capital to Ukraine, which will strengthen our economy and security.»