PM Shmyhal meets with J.P. Morgan representatives

During a meeting with representatives of J.P. Morgan, the largest banking holding company in the United States, Prime Minister Denys Shmyhal outlined the most promising areas of investment in Ukraine.

"Energy, agricultural sector, natural resources, digital technologies, infrastructure restoration - these are the most promising areas of investment in Ukraine. I talked about them during a meeting with representatives of the largest U.S. bank holding, J.P. Morgan," Shmyhal wrote on Telegram.

He added that Ukraine needs investments for reconstruction and post-war growth.

"The government is creating the most favorable investment environment: we are canceling unnecessary licenses and permits, minimizing requirements for investment projects with significant investments, etc. There is also a special UkraineInvest office under the Cabinet of Ministers, which is currently supporting eight large projects worth a total of $1.35 billion," the prime minister wrote.

In addition, Shmyhal emphasized that Ukraine is working on war risk insurance and obtaining investment guarantees, and there are already agreements with the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group.

Following the meeting, a Memorandum of Understanding was signed between Ukraine’s Ministry of Economy and J.P. Morgan. Shmyhal stressed that this will contribute to the deepening of cooperation on the way to the large-scale restoration of Ukraine.

Photo: Denys Shmyhal/Telegram

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