Yulia Svyrydenko met with U.S. Secretary of the Treasury Scott Bessent
Ukrainian Prime Minister Yulia Svyrydenko met with U.S. Secretary of the Treasury Scott Bessent. The focus of the meeting was on the financial and energy situation in Ukraine and the impact of the conflict in the Middle East on global markets.
Following up on the meeting of the Governing Board of the U.S.-Ukraine Reconstruction Investment Fund (URIF), which took place in March in Kyiv, the parties noted the importance of approving upcoming investment projects. They agreed to expand URIF’s capabilities and establish a co-investment fund.
The importance of significantly expanding the mechanism for covering war risks for potential investors in the Ukrainian economy was also discussed. The unique instruments of the U.S. International Development Finance Corporation (DFC), which are capable of supporting private capital in wartime conditions, can play an important role here.
“We specifically focused on the need to strengthen sanctions policy against russia to prevent the strengthening of its military capabilities. Ukraine’s position remains unchanged: sanctions against russian companies must be tightened, particularly regarding restrictions on the supply of weapons components and the reduction of russia’s oil and gas revenues. We are already seeing their effect,” noted Yulia Svyrydenko.