The Export-Import Bank of the United States resumes its cooperation with Ukraine after a five-year interruption in work, the Ukrainian Embassy to the United States has reported.
“The United States has reviewed the risks of doing business in Ukraine, taking into account the provision of macroeconomic stability in our country. This allowed the U.S. EXIM bank to lift restrictions on conducting operations with the public and private sectors of Ukraine under export credit, loan guarantee and export insurance programs,” Ukrainian Embassy to the U.S. said on Facebook on Jan. 8.
The embassy notes that this decision will increase the volume of Ukrainian-American trade, and “is another signal to investors about improving conditions for doing business in Ukraine.”
“The Embassy will continue close cooperation with the U.S. EXIM bank in order to implement ambitious Ukrainian-American projects,” it says.
“This is not only about new opportunities for economic cooperation between Ukraine and the United States. This is a signal of increasing trust in our country and confidence in the immutability of its course,” Ukrainian Ambassador to the U.S. Valeriy Chaly said on his Facebook page.
