Zelensky announces plans to join World Economic Forum in Davos, Signs New Post-war Loans with BlackRock

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Zelensky announces plans to join World Economic Forum in Davos, sign new post-war loans with BlackRock

Ukrainian President Volodymyr Zelensky is preparing to attend the World Economic Forum (WEF) in Davos in January

“Volodymyr Zelenskyy and Larry Fink have agreed to focus in the short term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channelling investments to the most relevant and impactful sectors of the Ukrainian economy,” the post read.

On Wednesday, it was revealed that the government of Ukrainian President Volodymyr Zelensky is preparing to attend the World Economic Forum (WEF) in Davos in January and that the Ukrainian leader is in talks with Larry Fink, CEO of BlackRock, regarding efforts to reconstruction after the war with Russia.

According to  Bloomberg, Mr. Zelensky said during an evening address to the nation:  “The specialists of this company are already helping Ukraine to structure the fund for the reconstruction of our state.”

Zelensky reportedly had a video call with Fink in September. He did not reveal whether he would attend WEF in person or virtually.

According to a  message posted on the Ukrainian President’s official website on Wednesday, Mr. Zelensky said: “In accordance with the preliminary agreements reached at the beginning of the 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. »

“Volodymyr Zelenskyy and Larry Fink have agreed to focus in the short term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channelling investments to the most relevant and impactful sectors of the Ukrainian economy,” the post adds.

“During the conversation, it was pointed out that some BlackRock executives are planning to visit Ukraine in the new year,” the post continued. “The President thanked Larry Fink for the work of the professional team that BlackRock appointed to advise on the structuring of the reconstruction projects.”

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