Investment prospects in Ukraine: Ministry of Economy of Ukraine and J.P. Morgan Signed a Memorandum of Understanding


Investment prospects in Ukraine: Ministry of Economy of Ukraine and J.P. Morgan Signed a Memorandum of Understanding

On February 9, Prime Minister of Ukraine Denys Shmyhal and representatives of the Ministry of Economy of Ukraine met with partners from the United States banking holding J.P. Morgan. The main topic of the meeting was discussing the most prospective investments in Ukraine. The result of the meeting between the Ministry of Economy and J.P. Morgan was the signing of a Memorandum of Understanding.


During the meeting, Denys Shmyhal noted that Ukraine needs investment for reconstruction and post-war growth, and the government does everything possible to create a favorable investment environment.


“The Cabinet of Ministers of Ukraine has a special office “UkraineInvest,” which is currently supporting eight major projects for USD 1.35 billion,” the Prime Minister emphasized.


The Prime Minister drew the attention of representatives of the largest U.S. banking holding company to the following areas: the agricultural sector, digital technologies, energy, natural resources, and of course, infrastructure reconstruction.

For reference:
J.P. Morgan is the largest US bank holding company by assets. It belongs to the “Big Four” largest US banks. It operates in investment, financial services, private wealth management, etc. Many banks around the world have correspondent accounts with J.P. Morgan.