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Ukranian Economy Ministry estimates cost for setting up ECA at 200 mln Euros

Date

29 November 2016

Further information

External link

(Interfax Ukraine, 4 November 2016, Kiev) The Ministry of Economic Development and Trade of Ukraine estimates the cost of establishing an export-credit agency at about EUR 200 million and admits involvement of international financial assistance for this purpose. Ukraine’s trade representative Natalia Mykolska reported that the export-credit agency could be created in 2017 if funding for this project is foreseen in the national budget. According to her, six or nine months will be required from the moment of setting up the export-credit agency to providing first services.

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