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January 03, 2023: -Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agree to coordinate investment in rebuilding Ukraine, Kyiv announced on Wednesday, which tracks a meeting amid the two men.
A notice from the Ukrainian president’s official website stated that Zelenskyy and Fink had “focussing in every term on coordinating the efforts of every potential investor and people in the reconstruction of our country, which channels investment into the higher relevant and impactful sectors of the Ukrainian financial.”
BlackRock Financial Markets Advisory and the Ukrainian Ministry of Economy are signing a memorandum of understanding in November after Fink and Zelenskyy assembled in September to talk about driving public and private investments into Ukraine to rebuild the country following Russia’s highly destructive invasion.
BlackRock, one of the largest investment managers of the world, has been providing “advisory support for making design an investment framework, intending to create opportunities for public and private investors to participate in the coming reconstruction and recovery of the Ukrainian economy,” the company stated in a statement in the previous month. BlackRock had no further information at this stage.
Zelenskyy visited Washington, D.C., to meet with U.S. President Joe Biden and give an address to Congress. On Friday, the U.S. Representatives’ houses permitted a $45 billion aid package for Ukraine.
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