France will provide insurance for investors who are interested in rebuilding Ukraine

Опубліковано 5 October 2023 року, о 10:23

Bpifrance Assurance Export, a French government insurance company, will provide insurance for French companies taking part in Ukraine’s reconstruction efforts. The Ministry of Ukraine’s Economy reported this.

To accomplish this, France set up a system for investment insurance with Ukraine. The policy insures investors or credit institutions that lend money for investments.

They will be safeguarded against property harm, unpaid debts, government seizure, etc. The insurance will cover up to 95% of investor assets or receivable losses.

Any company operating under French law that makes long-term investments abroad in either a new or existing company will have access to the insurance. Also, any bank that loans money to a foreign subsidiary.

Among other things, France is still talking with its partners to help Ukraine’s economy and implement new financial tools for its improvement.