
The London Stock Exchange welcomes First Deputy Prime Minister of Ukraine and the UK's Chancellor of the Exchequer to open the Market
The London Stock Exchange welcomes the First Deputy Prime Minister of Ukraine Yulia Svyrydenko and Chancellor of the Exchequer, Rt. Hon. Jeremy Hunt MP, ahead of the Ukraine Recovery Conference (URC23) held jointly by the UK and Ukraine in London on 21-22 June. URC23 convenes international political and business leadership to align efforts in helping Ukraine achieve its immediate recovery needs and longer-term economic transformation. The event will focus on private investment, reform, as well as the necessary infrastructure to attract capital at scale in support of Ukraine’s resolve to rebuild as a stable, innovative, sustainable and resilient economy.
Today’s Market Open ceremony is a symbol of Ukraine’s readiness to attract international capital to support its recovery and growth. It signals the role that the UK capital markets ecosystem can play in making this happen: through its deep and liquid capital markets underpinned by global investors, as well as world-leading insurance and finance industries.
Over the past year, jointly with the Foreign, Commonwealth & Development Office and British International Investment, we launched the Private Finance Partnership taskforce in order to supplement direct government funding in support of Ukraine. The roundtable meetings brought together leading asset managers, insurance companies, development finance institutions, investment banks, consulting firms and finance sector professional bodies. The purpose of the Private Finance Partnership is to tap into all corners of this UK ecosystem and to start shaping market-based solutions and instruments.