By KYIV. Oct 28 (Interfax-Ukraine) – Prime Minister Denys Shmyhal says the government is initiating a mechanism to insure war risks for foreign investment.
"We see the interest of potential investors and understand their warnings. One of them is security. Therefore, the government of Ukraine is initiating a mechanism for insuring war risks for foreign investment. In particular, through the Multilateral Investment Guarantee Agency [MIGA] and the World Bank," Shmyhal said at a government meeting on Friday.
The prime minister recalled that MIGA had already allocated $30 million for the pilot project.
According to him, the German Ministry of Economy and other partners promise to join the insurance procedure.
