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The war has caused extensive destruction and economic losses, exacerbating the need for the reconstruction of Ukraine. However, for effective and quick recovery, our country requires funding, including direct international investments. Hence, the <\/span>EBA Recovery Ukraine <\/span>Committee initiated a meeting with Sergiy Tsivkach, the Executive Director of UkraineInvest<\/strong>, which took place on January 23rd.<\/span><\/p>\n<\/div>\n During the meeting, Sergiy Tsivkach informed the participants that despite the ongoing war, direct foreign investments in Ukraine occurred in the past year and shared information about some of the investment projects. Significant attention during the meeting was devoted to discussing potential mechanisms for investor protection. In particular, the head of UkraineInvest provided information about investment insurance programs from the Federal Ministry of Economy of Germany, the International Financial Corporation of the United States, and the Multilateral Investment Guarantee Agency (MIGA).<\/span><\/p>\n Among other matters, the participants discussed the necessity of adopting draft law No. 8138, which proposes to expand the scope of investment projects eligible for significant investments and reduce the threshold for state support. For instance, while the current legislation requires investment volumes exceeding the equivalent of 20 million euros to be eligible, draft law No. 8138 suggests lowering this threshold to 12 million euros. The EBA supports this draft law as it will allow a broader range of businesses to engage in investment activities and increase investors\u2019 interest in our country. <\/span><\/p>\n You can familiarize yourself with the presentation of the Executive Director of UkraineInvest here.<\/a><\/span><\/p>\n