{"id":328633,"date":"2021-04-19T13:51:46","date_gmt":"2021-04-19T10:51:46","guid":{"rendered":"https:\/\/eba.com.ua\/?p=328633"},"modified":"2021-04-19T14:01:04","modified_gmt":"2021-04-19T11:01:04","slug":"ukraine-creates-national-investment-fund","status":"publish","type":"post","link":"https:\/\/eba.com.ua\/en\/ukraine-creates-national-investment-fund\/","title":{"rendered":"[:en]Ukraine creates National Investment Fund[:]"},"content":{"rendered":"<p><\/p>\n<p><strong>In brief<\/strong><\/p>\n<p>By Regulation No. 295 dated 31 March 2021 (&#8220;<strong>Regulation No.\u00a0295<\/strong>&#8220;), the Cabinet of Ministers of Ukraine created the State Enterprise &#8220;National Investment Fund of Ukraine&#8221; (&#8220;<strong>National Investment Fund<\/strong>&#8220;) and approved its charter. In addition, the Ministry for Development of Economy, Trade and Agriculture of Ukraine was requested to draft a special law that, among other things, is to govern the establishment of joint investment projects with sovereign wealth funds of the United Arab Emirates, the State of Qatar and other states.\u00a0<\/p>\n<p><strong>In more detail<\/strong><\/p>\n<p>The National Investment Fund was established for the purpose of creating favorable conditions for the implementation of large-scale investment and socially significant projects, the development of international economic cooperation and increasing the competitiveness of Ukraine in the world markets.<\/p>\n<p>The activities of the National Investment Fund will include:<\/p>\n<ol>\n<li>attraction and concentration of financial resources for the implementation of investment projects<\/li>\n<li>financing and implementation of priority investment projects<\/li>\n<li>attraction of investments<\/li>\n<li>preparation of investment projects<\/li>\n<li>management of property within the framework of such projects<\/li>\n<li>formation of investment funds, participation in investment funds<\/li>\n<li>participation in joint activities<\/li>\n<li>participation in socially significant projects<\/li>\n<\/ol>\n<p>The National Investment Fund will be under the management of the Cabinet of Ministers of Ukraine. In the future, the National Investment Fund will be reorganized into a joint stock company.<\/p>\n<p><strong>Key takeaways<\/strong><\/p>\n<p>The National Investment Fund is a new and potentially effective tool for the implementation of large-scale investment projects with the participation of Ukrainian, foreign state agencies and sovereign wealth funds. It remains to be seen how its activities will be regulated by the draft law, which is currently being developed.<\/p>\n<p><strong>For more information, please contact:<\/strong><\/p>\n<div><strong><a href=\"mailto:Serhiy.Chorny@bakermckenzie.com\">Serhiy Chorny<\/a><\/strong><\/div>\n<div>Managing Partner Baker McKenzie<\/div>\n<div>\u00a0<\/div>\n<div><strong><a href=\"mailto: Maksym.Hlotov@bakermckenzie.com\">Maksym Hlotov<\/a><\/strong><\/div>\n<div>Senior Associate Baker McKenzie<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>In brief By Regulation No. 295 dated 31 March 2021 (&#8220;Regulation No.\u00a0295&#8220;), the Cabinet of Ministers of Ukraine created the State Enterprise &#8220;National Investment Fund of Ukraine&#8221; (&#8220;National Investment Fund&#8220;) and approved its charter. In addition, the Ministry for Development of Economy, Trade and Agriculture of Ukraine was requested to draft a special law that, [&hellip;]<\/p>\n","protected":false},"author":4489,"featured_media":328635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[24,23],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ukraine creates National Investment Fund - European Business Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukraine creates National Investment Fund - European Business Association\" \/>\n<meta property=\"og:description\" content=\"In brief By Regulation No. 295 dated 31 March 2021 (&#8220;Regulation No.\u00a0295&#8220;), the Cabinet of Ministers of Ukraine created the State Enterprise &#8220;National Investment Fund of Ukraine&#8221; (&#8220;National Investment Fund&#8220;) and approved its charter. In addition, the Ministry for Development of Economy, Trade and Agriculture of Ukraine was requested to draft a special law that, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"European Business Association\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-19T10:51:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-19T11:01:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/eba.com.ua\/wp-content\/uploads\/2021\/04\/Baker_McKenzie_19042021.png\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Katia Chaikovska\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katia Chaikovska\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/\",\"url\":\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/\",\"name\":\"[:en]Ukraine creates National Investment Fund[:] - European Business Association\",\"isPartOf\":{\"@id\":\"https:\/\/eba.com.ua\/#website\"},\"datePublished\":\"2021-04-19T10:51:46+00:00\",\"dateModified\":\"2021-04-19T11:01:04+00:00\",\"author\":{\"@id\":\"https:\/\/eba.com.ua\/#\/schema\/person\/591c0ae4ce3e3490f70325dfb642ac52\"},\"breadcrumb\":{\"@id\":\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/eba.com.ua\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"[:en]Ukraine creates National Investment Fund[:]\",\"item\":{\"@type\":\"WebPage\",\"name\":\"[:en]Ukraine creates National Investment Fund[:]\"}}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eba.com.ua\/#website\",\"url\":\"https:\/\/eba.com.ua\/\",\"name\":\"European Business Association\",\"description\":\"We are looking for proactive business leaders, who shape the investment climate of Ukraine and ready to supervise the work of the largest and the most influential business-community of Ukraine \u2013 European Business Association!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eba.com.ua\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eba.com.ua\/#\/schema\/person\/591c0ae4ce3e3490f70325dfb642ac52\",\"name\":\"Katia Chaikovska\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eba.com.ua\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/59d91c5da250ea725c3c425585ff46fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/59d91c5da250ea725c3c425585ff46fb?s=96&d=mm&r=g\",\"caption\":\"Katia Chaikovska\"},\"url\":\"https:\/\/eba.com.ua\/en\/author\/katia-chaikovska-eba-com-ua\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"[:en]Ukraine creates National Investment Fund[:] - European Business Association","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eba.com.ua\/ukraine-creates-national-investment-fund\/","og_locale":"en_US","og_type":"article","og_title":"Ukraine creates National Investment Fund - European Business Association","og_description":"In brief By Regulation No. 295 dated 31 March 2021 (&#8220;Regulation No.\u00a0295&#8220;), the Cabinet of Ministers of Ukraine created the State Enterprise &#8220;National Investment Fund of Ukraine&#8221; (&#8220;National Investment Fund&#8220;) and approved its charter. 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