Ukraine will introduce insurance for investments during the war.
Tuesday, August 30, 2022

Ukraine will introduce insurance for investments during the war.

The Cabinet of Ministers is working on a mechanism for investment insurance during martial law, which will allow investors to guarantee the safety of capital investments in Ukrainian assets, the Ministry of Economy reported. To this end, Ukraine is currently negotiating with the Multilateral Investment Guarantee Agency (MIGA), which is part of the World Bank Group. This organization has programs to insure investments against terrorist threats. According to Deputy Minister Oleksandr Hryban, “We are doing everything possible to make MIGA coverage available in Ukraine, so there is an opportunity to invest even now. To guarantee safety, investors will buy insurance, which is calculated depending on the investment amount. In case of force majeure, the investor will be able to receive compensation for these funds”.

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