KYIV. Nov 14 (Interfax-Ukraine) – The Multilateral Investment Guarantee Agency (MIGA) has already provided insurance coverage worth more than $166 million since the outbreak of the full-scale war, Prime Minister of Ukraine Denys Shmyhal has said.
“Since the beginning of the full-scale war, the Multilateral Investment Guarantee Agency (MIGA) has already provided insurance coverage worth more than $166 million. This is assistance to both the financial and real sectors of the economy. Negotiations are ongoing on the launch of new projects,” Shmyhal said at a government meeting on Tuesday.
Also, according to the prime minister, the U.S. International Development Finance Corporation (DFC) recently approved five new projects worth $380 million in the areas of food security, small business, medicine and international trade.
“Negotiations are ongoing with the EBRD on insurance of trade operations with the prospect of scaling up cooperation to insure investments. In addition, export credit agencies of partner countries are ready to cover investment risks for their business. Such opportunities exist, in particular, in Japan, Germany, France, Denmark, Italy, Sweden, the UK and Poland,” Shmyhal said.