On January 23, the Ministry of Economy of Ukraine signed a memorandum of understanding with the London Stock Exchange (LSE) and TheCityUK, the most influential lobbying group in the UK’s financial market. The purpose of the memorandum is to support the development of the Ukrainian markets for financial and other related professional services.
“In cooperation with the UK government, TheCityUK, and London Stock Exchange plc, Ukraine aims to create a favorable financial ecosystem for Ukrainian companies to access financing and attract productive investments to Ukraine,” said Minister Yuliya Svyridenko.
Cooperation with the LSE and TheCityUK will provide Ukrainian businesses access to long-term financing, develop the private sector’s potential in Ukraine, and attract foreign direct investment.
“Given the UK’s status as one of the world’s leading financial centers, we will bring our expertise in good governance and a sound regulatory framework to support Ukraine’s recovery,” said Bruce Carnegie-Brown, chairman of TheCityUK.