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Economy Minister: They said no one would invest in country at war. They were wrong

Economy Minister: They said no one would invest in country at war. They were wrong


Published on 2025-01-06 16:00:48 - MSN
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  • In early 2022, the Ukrainian team of an Austrian wood processing company held a meeting in a bomb shelter during an air raid alert. Despite a Russian strike nearby, their focus wasn't on relocation but on building a new logistics center in the country.

The article from MSN discusses comments made by Ukraine's Economy Minister Yuliia Svyrydenko, who refuted claims that no one would invest in a country at war. She highlighted that despite the ongoing conflict with Russia, Ukraine has attracted significant foreign investment. Key points include the establishment of a new fund by BlackRock and JPMorgan to support Ukraine's reconstruction, and a $500 million investment from the U.S. International Development Finance Corporation into Ukrainian businesses. Svyrydenko emphasized that these investments demonstrate international confidence in Ukraine's resilience and economic potential, even amidst war. She also mentioned that the government is working on improving the investment climate by reducing red tape and enhancing transparency to encourage further foreign investment.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/economy/economy-minister-they-said-no-one-would-invest-in-country-at-war-they-were-wrong/ar-AA1x3JRz ]
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