Creation of a reliable and comprehensive infrastructure for raising investment, including borrower risk insurance, will boost private investors’ interest in Ukraine.
This was discussed during the meeting between First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko and Chief Executive Officer of the London Stock Exchange Julia Hoggett on 28 November. The meeting took place as part the visit of Ukrainian delegation to the United Kingdom of Great Britain and Northern Ireland.
“Risk insurance, proper modeling and the use of reliable institutions will be the key to ensuring that the interest of private investors in Ukraine can be realized as early as possible. Our British partners, the London Stock Exchange, are interested in becoming a platform for dialogue between private investors and Ukraine,” said First Deputy Prime Minister of Ukraine Yuliia Svyrydenko.
She stressed that it was important to ensure cooperation with other initiatives to restore investment in Ukraine, first of all, war risk insurance, work with investment funds, identifying priority sectors for investment and cooperation with international financial institutions.
In particular, the priority sectors for investment in Ukraine are defence industry and agricultural complex, metallurgy and metal processing, mechanical engineering, energy, mining, furniture and woodworking as well as logistics.
The parties also discussed other areas of cooperation, in particular, involvement of the UK financial market in the Advantage Ukraine initiative.
“We are currently actively working on building quality and effective instruments of investment into reconstruction of Ukraine. In a few months, we will be able to present completed projects whose participants will be the leaders of the financial market,” Yuliia Svyrydenko said.
The London Stock Exchange (LSE), officially founded in 1801, is the first organized and one of the most famous securities markets. It is currently one of Europe’s largest stock exchanges, with a total market value of £3.9 trillion of all companies listed on the LSE as of November 2021. The LSE itself is a joint stock company, and its shares are traded on it.