The Ministry of Economy of Ukraine together with MIGA agreed on the creation of a working group to speed up and optimize the investor insurance process. This was discussed during a meeting between First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko and Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA) Hiroshi Matano.

This year, MIGA has already implemented two projects on war risk insurance in the real sector and two more in the financial sector. They are also working on attracting additional funding by the end of the year from five countries.

We have agreed to set up a working group to speed up and optimise the process of investor insurance,” said Yuliia Svyrydenko. MIGA recently approved a ten-year insurance package worth USD 9,1 million for the M10 industrial park project in Lviv region. This insurance deal is partially financed by donor countries through the Support to Ukraine’s Reconstruction and Economy (SURE) Trust Fund, supervised by MIGA.

Ukraine encourages the provision of investment insurance coverage to Ukrainian companies when they establish joint ventures with foreign partners. 

More details: https://bit.ly/3supZad