On 16 October, Prime Minister of Ukraine Denys Shmyhal met with U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker in Kyiv.

The parties focused on the growth points of Ukraine’s GDP: processing in the agricultural sector, energy, the military-industrial complex, construction, IT and machine building. They also discussed mine clearance and joint business support programmes in Ukraine.

“Ukraine’s exports are a key component of economic growth. We are working to expand export opportunities and the functioning of the Black Sea grain corridor. In this context, an effective war risk insurance system is important. We are coordinating our work with American partners,” the Prime Minister said.

Denys Shmyhal and Penny Pritzker also discussed sources of financing for Ukraine’s recovery. The Head of Government stressed that the aggressor must pay for the damage caused. The parties raised the issue of the use of frozen russian assets. The Prime Minister thanked the United States for its significant financial assistance.

According to Denys Shmyhal, Ukraine is creating favourable conditions for foreign business: “We are implementing reforms, investment support, industrial parks, PPP projects and concessions. We have successful cases of energy cooperation between Energoatom and Westinghouse.”

The Prime Minister invited American companies to develop their business in Ukraine.