OPINION: The conversation is rapidly changing – from defending Ukraine to securing victory over Putin to reconstruction of Ukraine to, yes, business opportunity for Ukraine’s partners and allies.
Here, Australia has specific capabilities that are well-matched to Ukraine’s needs, including in the areas of agribusiness, social infrastructure construction, IT, mining and international education. Now is the time for Australia’s forward-thinking political and business champions to make sure that Australian business is well inside the opportunity pipeline, whether that is an investment or partnership capacity.
, President Zelensky estimated the cost of repairing Ukraine’s energy infrastructure at around $1.3 billion. Key players are recognising that this situation is not only a humanitarian imperative, but a new commercial and financial future for themselves and Ukrainian partners. We don’t back away from that; as a government, we embrace this future, as our liberal democratic values include a commitment to pro-business policies. We are also very focussed on and confident of eliminating the sovereign risk posed by the war.
BlackRock Financial Markets Advisory is now actively working to grow the Green Growth fund to some $140 billion. This is via an MoU with the Ministry of Economy of Ukraine whereby Blackrock is designing a framework for public and private investment in the future of the Ukrainian economy.
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