France will insure investments against war risks in Ukraine

The French state insurance company Bpifrance Assurance Export will insure French companies that are ready to invest in Ukraine and take an active part in the reconstruction of the country without waiting for the end of the war.

Any company operating under French law and making a long-term investment abroad in a new or existing company, or any credit institution providing a bank loan to a foreign unit, is eligible for this investment insurance. It protects investors or lending institutions from the risks of property damage or non-payment, non-transfer, expropriation or political violence. The insurance covers up to 95% of the loss of the investor's assets or receivables.

Besides, France continues negotiations with partners regarding the support of Ukraine's economy and the mobilization of innovative financial instruments for the recovery of Ukraine.

More details: http://surl.li/lsyjy

 

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