“We offer you and your businesses an opportunity to work together for the benefit of all of us,” he added.
As the war in Ukraine drags on for a seventh month with no prospect of an end in sight in the near future, President Zelensky has addressed Wall Street with ambitions to attract foreign investment to his homeland.
“We are rebuilding our economy,” the Ukrainian president said in a recorded speech broadcast today at the New York Stock Exchange. “We offer you and your businesses an opportunity to work together for the benefit of all of us,” he added.
Ukraine’s GDP contracted in the first quarter of the year at 15.1% year-on-year, while in the second quarter it reached 40%, according to data from the Ukrainian central bank.
President Zelensky’s intervention, shortly before the start of today’s session on the New York stock exchange, is part of the “Advantage Ukraine” campaign through which Kyiv aspires to attract foreign investors.
“Ukraine is the story of a future victory,” President Zelensky emphasized, “an opportunity for you to invest today in multi-hundred billion dollar projects to share this victory with us.”
In early July, Ukrainian Prime Minister Denis Smykhal estimated the cost of rebuilding his country at $750 billion.
In 2021, US investments in Ukraine amounted to 532 million dollars, increased by 32% compared to the previous year.
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I am currently a news writer for News Bulletin247 where I mostly cover sports news. I have always been interested in writing and it is something I am very passionate about. In my spare time, I enjoy reading and spending time with my family and friends.
