Zelenskyy, BlackRock CEO Fink agree to coordinate Ukraine investment - CNBC

Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate concern successful rebuilding Ukraine, Kyiv announced connected Wednesday pursuing a gathering betwixt the 2 men.

A readout from the Ukrainian president's authoritative website said Zelenskyy and Fink had "agreed to absorption successful the adjacent word connected coordinating the efforts of each imaginable investors and participants successful the reconstruction of our country, channelling concern into the astir applicable and impactful sectors of the Ukrainian economy."

BlackRock Financial Markets Advisory and the Ukrainian Ministry of Economy signed a memorandum of knowing successful November, aft Fink and Zelenskyy met successful September to sermon driving nationalist and backstage investments into Ukraine to rebuild the state aft Russia's highly destructive invasion.

BlackRock, 1 of the world's largest concern managers, has been providing "advisory enactment for designing an concern framework, with a extremity of creating opportunities for some nationalist and backstage investors to enactment successful the aboriginal reconstruction and betterment of the Ukrainian economy," the institution said successful a connection past month. BlackRock had nary further connection astatine this stage.

Zelenskyy past week visited Washington D.C. to conscionable with U.S. President Joe Biden and present an code to Congress, arsenic the U.S. House of Representatives gave last support connected Friday to a $45 cardinal assistance bundle for Ukraine.