Elizabeth Littlefield meets to discuss the future of investment in Ukraine
Last week OPIC President and CEO Elizabeth Littlefield met with Ukrainian Ambassador to the United States Valeriy Chaly to discuss private sector investment in Ukraine. Together, Ms. Littlefield and Ambassador Chaly reviewed OPIC’s current project portfolio in Ukraine of $174 million and explored ways to attract new investments to further boost the country’s economic growth.
Since the 1990’s, OPIC has committed nearly $600 million in financing and political risk insurance to Ukraine, including last year’s $7.8 million investment guarantee to Ukraine’s Megabank to expand lending to small and medium-sized enterprises (SMEs). OPIC’s projects have helped increase local business growth and employment opportunities, ultimately helping to support economic stability when most needed by Ukraine.
Ms. Littlefield and Ambassador Chaly look forward to continuing to expand OPIC’s involvement in Ukraine.