The Office of Ukrainian President Volodymyr Zelenskyy announced Wednesday that he had met with CEO Larry Fink of investment firm BlackRock, and that the two had agreed to coordinate their efforts to invest in Ukraine’s reconstruction.
Zelenskyy and Fink agreed to “focus in the near term” on efforts to attract investors for “the most relevant and impactful sectors of the Ukrainian economy,” according to a statement by Zelenskyy’s office. The two parties previously met in September to discuss the terms under which BlackRock might offer the Ukrainian government pro bono investment advice, according to Kyiv. (RELATED: Biden’s Outgoing Econ Adviser, A Former BlackRock Exec, Likely To Be Replaced By … Another BlackRock Exec: REPORT)
“In accordance with the preliminary agreements struck earlier this year between the Head of State and Larry Fink, the BlackRock team has been working for several months on a project to advise the Ukrainian government on how to structure the country’s reconstruction funds,” the Ukrainian government said in a statement….