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13:59 23 Jun 2023

Five hundred companies ready to invest in Ukraine – Zelensky

President Volodymyr Zelensky held a meeting with MPs and government officials regarding the results of the Ukraine Recovery Conference in London.

The Ukrainian leader announced this on the Telegram messaging app.

"Tens of billions of dollars in direct budget support. Five hundred companies are ready to invest in Ukraine. Effective mechanisms for the confiscation of Russian assets to compensate for the damage caused. We organized the results of the London Ukraine Recovery Conference with our parliamentarians and government officials," Zelensky said.

He stressed that the next task is to implement agreements on war risk insurance for investors and help the first companies to enter Ukraine under these security guarantees.

"We continue to work on protecting businesses from officials, improving the investment climate, and guaranteeing equal conditions for all participants," said the president.

Background

On June 21-22, the Ukraine Recovery Conference was held in London. More than a thousand representatives from 61 countries participated in it, including high officials, representatives of non-governmental organizations, hundreds of business leaders, and entrepreneurs.

Among the speakers at the conference were President of the European Commission Ursula von der Leyen, US Secretary of State Antony Blinken, President of Ukraine Volodymyr Zelensky, Ukraine's Prime Minister Denys Shmyhal, and Prime Minister of Great Britain Rishi Sunak.

During the conference, the parties discussed reforms necessary for the post-war recovery of Ukraine, the promotion of trade and investment, and the restoration of human capital. Attention was also be paid to energy restoration and demining.

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