David Lauder
WASHINGTON (Reuters) – The head of the U.S. Export-Import Bank and Ukraine’s senior development minister pledged on Tuesday to continue efforts to find U.S. financing opportunities to support Ukraine The Energy Export Credit Agency said security and infrastructure. Identify $3 billion in export financing projects for Ukraine, including road, rail and energy infrastructure.
This comes nearly six months before Russia launched an invasion to sabotage Ukrainian infrastructure, in what Moscow called a “special operation.” Lewis said EXIM also now stands ready to help Ukraine rebuild through U.S. exports backed by the agency.
“Russian actions will not prevent EXIM from funding projects in Ukraine, and I agree with President Biden when I say EXIM stands ready to be part of Ukraine’s reconstruction efforts,” Lewis said at the meeting The meeting was also attended by Ukraine’s ambassador to the United States, Oksana Markarova, in a statement later.
“We will work to provide sustainable financing solutions to strengthen Ukraine’s infrastructure and prosperity,” Lewis added.
In March, less than a month after the Russian invasion began, the credit agencies of EXIM and its export partners UK and Canada withdrew all new export credit support to Russia and Belarus.
