U.S. private companies would like to invest in Ukrainian energy, housing, infrastructure, agriculture, transport and mining, but Ukraine must make reforms in accountability and transparency to make such investment secure, a special U.S. envoy said. United States Special Representative for Ukraine’s Economic Recovery Penny Pritzker told reporters in Brussels that preparations for rebuilding Ukraine after the war with Russia had to start now, even as the fighting continues.
FILE PHOTO: U.S. Commerce Secretary Pritzker speaks during interview with Reuters in KyivBRUSSELS - U.S. private companies would like to invest in Ukrainian energy, housing, infrastructure, agriculture, transport and mining, but Ukraine must make reforms in accountability and transparency to make such investment secure, a special U.S. envoy said.
Pritzker would not give an estimate of how much money would be needed to rebuild Ukraine after the Russian invasion, but the World Bank has forecast the needs at well above $400 billion - more than governments alone could provide. "Everyone sees the opportunity and I actually have been encouraged by the private sector's interest in trying to sort this out," she said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korea tells UN has no choice but to accelerate build-up of self-defenseUNITED NATIONS (Reuters) - North Korea's United Nations envoy Kim Song blamed the United States and South Korea on Tuesday for creating a dangerous ...
Read more »
U.S. hopes Europe will join ‘race to the top’ on green subsidiesThe United States and Germany will hold broad-ranging discussions on issues like managing the risks of artificial intelligence, diversifying supply chains and Ukraine’s reconstruction
Read more »
House Speaker Anthony Rota to address Parliament amid Ukrainian veteran falloutHouse of Commons Speaker Anthony Rota will address Parliament Monday — the day after apologizing for inviting a Ukrainian war veteran who fought in a Nazi-aligned unit to Ottawa for a speech.
Read more »
GWYNNE DYER: Ukrainian breakthrough provokes question of what Putin will do next'The question of what (Putin) will do if things go very wrong for Russia in Ukraine may soon be centre-stage'
Read more »
Canada’s long history of soft-pedalling the Ukrainian Waffen-SS Galicia DivisionIf Canada was ever going to embarrass itself by having its Parliamentarians applaud the enthusiastic veteran of a Nazi combat unit, it’s almost ...
Read more »