PM Shmyhal invites EBRD to join new projects in Ukraine

Prime Minister Denys Shmyhal has called on the European Bank for Reconstruction and Development (EBRD) to join the implementation of new projects in Ukraine.

He wrote about this on Twitter after meeting with EBRD President Odile Renaud-Basso on March 23.

“I welcome Odile Renaud-Basso in Ukraine! We appreciate the strong support provided by the EBRD. We look forward to further constructive cooperation and inviting the EBRD to join the implementation of new projects in Ukraine,” Shmyhal wrote.

EBRD President Odile Renaud-Basso is on a visit to Ukraine on March 22-23.

President Volodymyr Zelensky met with the EBRD president on Monday and assured her of his readiness to work on improving energy efficiency and the investment climate.

Ukraine is a top three investment destination for the EBRD. In the past two years alone, the Bank has committed EUR 2 billion to the economy. The investments are combined with support for policies that promote the fight against corruption, good governance of state-owned enterprises, structural reforms and a more transparent business environment.

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