The Swedish government proposes the allocation of SEK 333M for special export credit guarantees for companies that trade with Ukraine. The Export Credit Agency of Sweden will cover the guarantees for exports from Swedish companies.
The policies will begin to be issued in 2024 and apply to transactions for a maximum of three years but no later than the end of 2026. For Ukrainian and Swedish companies, this means less riskier conditions for logistics, protection of investments, and receiving compensation in the event of force majeure.
Meanwhile, Estonia is considering implementing new projects to restore Ukraine’s destroyed infrastructure.
“Ukraine invites Estonian businesses to invest in logistics, energy, processing, and IT. To implement this, we will introduce military risk insurance. Moreover, through KredEx, Estonia insures not only Estonian but also Ukrainian investments. We will encourage the creation of many joint Ukrainian-Estonian enterprises,” said Economy Minister Yuliya Svyridenko.