The G7 issued a joint statement on May 22, pledging to keep Russian assets frozen until the end of the war and to support Ukraine's recovery. "We reaffirm that... Russia’s sovereign assets... will remain immobilized until Russia ends its aggression and pays for the damage it has caused to Ukraine," the statement read.
Update: Browse the briefing presentation here. KI Insights subscribers can also access the recording. As Ukraine anticipates post-war reconstruction, a new wave of privatizations, regulatory reforms, and foreign investment opportunities is reshaping the country's economic landscape. From energy and infrastructure to retail and agriculture, Ukraine is opening up key sectors
The Ukrainian delegation raised the issue with the U.S. Treasury officials during negotiations on April 23, according to Reuters. Ukraine intends to continue lobbying for the initiative at an upcoming meeting with the International Monetary Fund, Pyshnyy said.
Eleven years ago, Russia seized Ukrainian territory by force. Three years ago, Russia launched a full-scale invasion of Ukraine. Today, Ukraine faces a new threat to its sovereignty: U.S. President Donald Trump’s demand that the country hand over a significant amount of its mineral wealth or face the
According to Prime Minister Denys Shmyhal, international donors have allocated nearly $7.4 billion for "priority recovery projects" in 2025, leaving a nearly $10 billion deficit to finance reconstruction projects in 2025.
"We are ready to continue to provide assistance within our capacity according to the wishes of parties involved, which, of course, includes post-war reconstruction," a spokesperson for the China International Development Cooperation Agency said.
Since Russia began its full-scale invasion more than three years ago, the demands on social services have multiplied. Millions are internally displaced, the number of people with disabilities has risen by 10%, and more than 13,000 children have been orphaned. Populations who were already vulnerable are often hit harder
The package builds upon 20 million Australian dollars ($12.6 million) that the Australia-based charity, founded by Andrew and Nicola Forrest, has already provided for demining, food and energy security, and the protection of children.
Key developments on Feb. 25: * Ukraine, US reach agreement on minerals deal * Russia's war objectives 'not yet achieved,' Kremlin's ambassador says * Reclaiming occupied territories possible but 'not easy' for Ukraine, Trump claims * Ukraine needs $524 billion for recovery, reconstruction after 3 years of Russia's full-scale war * Russia's Ryazan oil
The required reconstruction costs are 2.8 times higher than Ukraine's nominal GDP for 2024, according to a new report.
According to Reuters, one source familiar with Moscow discussions said Russia could agree to allocate up to two-thirds of frozen assets for Ukraine's reconstruction, provided accountability guarantees.
Europe's main stock market and currencies are gaining amid growing optimism about a peace deal between Ukraine and Russia, Reuters reported on Feb. 13.
WIG Ukraine, Ukrainian companies' stock price index on the Warsaw Stock Exchange (WSE), rose by almost 25% in a few days, reaching pre-war levels, Polish media outlet Puls Biznesu reported.
Editor's note: This article is an on-site version of KI Insights' The Week Ahead newsletter covering events from Feb. 10-Feb. 16. Sign up here to start your week with an agenda of Ukraine-related events, delivered directly to your inbox every Sunday. This week’s key event is the 61st Munich
A freeze on USAID funds could affect Ukraine's ability to rebuild damaged energy infrastructure, conduct demining operations, and fund civil society programs, officials said.
In early 2022, the Ukrainian team of an Austrian wood processing company held a meeting in a bomb shelter during an air raid alert. Despite a Russian strike nearby, their focus wasn't on relocation but on building a new logistics center in the country. A year later, their determination paid
The economic aid package is comprised of four key parts, including $223 million to rebuild transportation, infrastructure, and logistics.
Editor's note: This article is a shortened on-site version of KI Insights' The Week Ahead newsletter covering events from Dec. 2-Dec. 8. Sign up here to start your week with an agenda of Ukraine-related events, delivered directly to your inbox every Sunday. The NATO Ministers of Foreign Affairs Meeting will
The following is the Nov. 20, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. After weeks spent in anticipation of Russia’s next mass attack on Ukraine, Moscow launched its latest, and
Editor's note: This article is an on-site version of KI Insights' The Week Ahead newsletter. Sign up here to start your week with an agenda of Ukraine-related events, delivered directly to your inbox every Sunday. ReBuild Ukraine gathers in Warsaw on Nov. 13-14 to discuss infrastructure, housing, energy, and other
The International Chamber of Commerce (ICC), will lower the costs of its arbitration court for foreign investors involved in Ukraine's reconstruction projects to encourage much-needed investment.
"Looking at a future of peace and prosperity also means looking at reconstruction, and I am happy to announce that the 'Ukraine Recovery Conference' will be held in Rome on 10 and 11 July 2025," Italian Prime Minister Giorgia Meloni said.
Switzerland is planning to allocate 1.5 billion Swiss francs ($1.7 billion) for reconstruction projects in Ukraine over the next four years, Swiss Ambassador to Ukraine and Moldova Felix Baumann said.
Ukraine is at a crucial turning point. As we focus on reconstruction amid ongoing Russian aggression, one aspect is pivotal to our success: war risk insurance. This tool is indispensable for attracting foreign investment and ensuring the resilience of local businesses. War risk insurance is designed to protect businesses against
Former Zhytomyr Mayor Serhii Sukhomlyn has been appointed head of the Agency for the Restoration and Development of Infrastructure, he announced on Facebook on Sept. 27. Sukhomlyn became mayor of Zhytomyr in November 2015 and resigned at his own request in early September 2024. Before Sukhomlyn, Mustafa Nayyem headed the
More than 30 countries and the European Union adopted the Joint Declaration of Support for Recovery and Reconstruction of Ukraine during a meeting in New York on Sept. 25, Ukraine's Presidential Office said. Backed during the Group of Seven (G7) + Ukraine meeting, the document contains several points including helping to
The United States on Sept. 26 will announce "a series of actions to accelerate support" for Ukraine in its fight against Russia's full-scale invasion and future recovery, U.S. President Joe Biden said on Sept. 25. Biden convened with President Volodymyr Zelensky and other world leaders on the sidelines of
Spain prevented Hungary from buying Talgo, a Madrid-based train manufacturer, due to its potential usefulness for Ukraine's reconstruction, the Financial Times reported on Sept. 12, citing undisclosed officials.
The Kyiv Independent’s Natalia Yermak interviews Ukrainian-Canadian lawyer and business advisor, Daniel Bilak, about the potential for investment in Ukraine and its defense sector.
Belgium will allocate 150 million euros ($165 million) to restore civilian and energy infrastructure in Kyiv and Chernihiv oblasts, the Ukrainian government announced on August 30.
"Special Representative Penny Pritzker has been a tireless advocate of Ukraine’s economic recovery," U.S. State Secretary Antony Blinken said in a statement.
Ukraine’s government rushed on Aug. 2 to extinguish public uproar over reconstruction efforts at Okhmatdyt, the country’s main children’s hospital based in Kyiv, which was heavily damaged early last month by a Russian missile strike. Health Minister Viktor Liashko announced that a new tender to choose a
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