Ukraine's leader, BlackRock chief executive reach agreement to coordinate reconstruction efforts
Date
12/29/2022 6:15:20 AM
(MENAFN) Ukraine's leader Volodymyr Zelenskyy and BlackRock chief executive Larry Fink accepted to arrange investment and reconstruction attempts in reestablishing the nation’s economy, as stated by a presidential announcement on Wednesday.
Zelenskyy hosted a video meeting with Fink, who tops the US-based multinational investment firm that manages client assets valued at nearly USD8 trillion.
They accepted to have their near-term concentration on "coordinating the efforts of all potential investors and participants in the reconstruction" of Ukraine, as well as "channeling investment into the most relevant and impactful sectors of the Ukrainian economy," according to the statement.
Certain BlackRock heads also prepare to take a trip to Ukraine in the upcoming year, it also mentioned.
On the 10th of November, the New York-located company signed a memorandum of understanding (MoU) with the Ministry of Economy of Ukraine in Washington, D.C. to supply advisory backing for designing an investment framework.
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