Icon
Come back

1 min

23 Nov. 2023

5865

Ukraine allows insuring investments of Ukrainian and foreign companies against war risks

BusinessUA
Popular
Ukraine
Ukraine allows insuring investments of Ukrainian and foreign companies against war risks

The government has authorized war risk insurance for investments of both Ukrainian and foreign companies. According to the adopted draft law, the Export Credit Agency (ECA) is authorized to insure against risks associated with armed aggression, hostilities and terrorism. Find out more about how it works

Buy insurance for safe entry and stay in Ukraine
Buy insurance for safe entry and stay in Ukraine
BUY


The Verkhovna Rada of Ukraine has adopted draft law No. 9015, which expands the capabilities of the Export Credit Agency (ECA) to insure against military risks of investments of Ukrainian and foreign companies in Ukraine. This was reported by MP Yaroslav Zheleznyak on his Telegram channel.


Equal conditions for Ukrainian and foreign investors: The Verkhovna Rada supported the draft law


The main provisions of the draft law provide for the expansion of the ECA's powers to insure investments in Ukraine. Now, the ECA can insure and reinsure direct investments, including protection against risks associated with armed aggression, hostilities, and terrorism. 


However, the condition is that investments be directed to the creation of facilities and infrastructure for the development of the processing industry and export of goods of Ukrainian origin.


The draft law was voted in favor of by 242 MPs at the plenary session on November 22.


As you know, the draft law was adopted in late May 2023 in the first reading. During its adoption, business representatives emphasized that this law will help create equal conditions for Ukrainian and foreign investors.

It will also simplify the project selection process, especially in the context of the absence of MIGA and DFC offices in Ukraine.


It is noted that the new rules will allow medium-sized companies to access insurance, which was previously difficult to obtain from international insurers. This will contribute to the development of export and investment activity of Ukrainian enterprises.



Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




How to insure yourself?


Remember that reliable health insurance is a guarantee of confidence and security. After all, an insurance policy will not only help you get high-quality medical care, but also save your own money in an unforeseen situation. In particular, during the war.


You can buy insurance on the Visit Ukraine website. We offer health insurance policies for Ukrainians planning a trip abroad or staying at home, and military risk insurance for foreigners traveling to Ukraine.

Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




Our recommendation for a safe and comfortable trip: 


Visit Ukraine Insurance - insurance for a safe stay abroad without unnecessary expenses;

Green Card - compulsory car insurance for traveling abroad;

Visit Ukraine Tickets - book tickets for buses, trains, and airplanes to/from Ukraine and between cities around the world;

Private Lawyer service - professional legal support on visa and migration issues;

Visit Ukraine Merch - buy patriotic clothing and accessories with worldwide delivery.




© 2018-2023, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

Entry rules Is it possible to cross the border of Ukraine with an internal passport: updated conditions for departure

Is it possible to cross the border of Ukraine with an internal passport: updated conditions for departure

The conditions for Ukrainian citizens to travel abroad have changed since the beginning of the war. Initially, European countries accepted Ukrainians without passports. However, now neighboring countries have returned to standard requirements. Find out what changes have taken place in the conditions for Ukrainian citizens with internal passports and whether children can travel abroad with a birth certificate

22 Nov. 2023

More details

2 min

Popular Individual print on clothes and accessories from Visit Ukraine: how to order your own merch

Individual print on clothes and accessories from Visit Ukraine: how to order your own merch

Visit Ukraine accepts orders for customized merchandise with delivery to any part of the world (except russia). Find out how to order a customized print on clothing or accessories and get a 50% discount on your purchase

23 Nov. 2023

More details

1 min

Events Visit Ukraine has won the international business award GLOBAL100 Reputation Awards

Visit Ukraine has won the international business award GLOBAL100 Reputation Awards

Visit Ukraine portal has won the annual GLOBAL100 Reputation Awards 2023, which is held among opinion leaders and companies from more than 50 countries. Find out in which nomination Visit Ukraine took first place and what such a high appreciation of our work means

23 Nov. 2023

More details

1 min

Travel The best day to buy tickets for Black Friday: when are the most favorable prices

The best day to buy tickets for Black Friday: when are the most favorable prices

Friday is often considered the most profitable day for shopping during Black Friday discounts. However, according to aviation market experts, it is necessary to pay attention not only to the "black" day itself, but also to a certain period in order to take maximum advantage of the reduced prices. Find out more about the best time to buy airline tickets

23 Nov. 2023

More details