US EXIM Bank resumes cooperation with Ukraine

US EXIM Bank resumes cooperation with Ukraine

The Export–Import Bank of the United States decided to resume its cooperation with Ukraine after a five-year interruption.

The Embassy of Ukraine in the United States wrote this on its official Facebook page.

"The United States has reviewed the risks of doing business in Ukraine, taking into account the provision of macroeconomic stability in our country, which allowed the US EXIM Bank to lift restrictions on conducting operations with the public and private sectors of Ukraine under export credit, loan guarantee and export insurance programs," reads the report.

According to the embassy, this decision will increase the volume of Ukraine-US trade. In addition, it became "an additional signal for investors to improve the conditions for doing business in Ukraine."

In connection with this, the Embassy of Ukraine in Washington promised to continue close cooperation with the US EXIM Bank "in order to implement ambitious Ukrainian-American projects."

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