The Cabinet of Ministers allowed the Export Credit Agency of Ukraine to insure investments of Ukrainian companies in the creation of facilities and infrastructure necessary for the development of the processing industry and the export of goods. Prime Minister Denis Shmigal announced this during a government meeting on Friday, April 26, the press service of the Cabinet of Ministers reports.
► Subscribe to the telegram channel “Ministry of Finance”: main financial news
“We are making changes to the charter of the Export Credit Agency of Ukraine, which will make it possible to insure new investments against the risks of war. This applies to both foreign investment and Ukrainian companies that will invest in our economy and develop exports,” said Shmigal.
Government representative in the Verkhovna Rada Taras Melnychuk clarified that by government decision the charter of PJSC Exportno -credit agency” is set out in a new edition.
“The task of the society to protect Ukrainian exporters from the risk of financial losses associated with investments in the creation of facilities and infrastructure necessary for the development of the processing industry and the export of goods (works, services) has been expanded ) of Ukrainian origin through insurance, reinsurance,” Melnichuk wrote in Telegram.
He added that for this, ECUs were allowed to attract international financial assistance from international and foreign financial organizations, foreign governments, foreign banks and export agencies .