​Minister of Finance Oleksandr Danyliuk met OPIC’s President Ray Washburne and Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell

1/12/18

On January 9, 2018, as part of his working visit to the USA, Ministry of Finance of Ukraine Oleksandr Danyliuk met Ray Washburne, the President and Executive Director of the Overseas Private Investment Corporation (OPIC).

The parties discussed the project for the construction of a central storage facility for used nuclear fuel and Chornobyl exclusion zone as well as the construction of a high-capacity wind electricity plant in Zaporizhya region.

Both officials emphasized the importance of the agreements signed in the end of December paving the way for a USD 250m investment for the construction of the storage facility for used nuclear fuel. This project will let Ukraine save approx. USD 200m per year instead of paying for the processing of used nuclear fuel in Russia.

Also, Oleksandr Danyliuk met Wess Mitchell, Assistant Secretary of State for European and Eurasian Affairs. The parties discussed the progress of the economic reforms in Ukraine and mentioned the positive dynamics of the necessary transformations. Oleksandr Danyliuk stressed that Ukraine is keen to carry on the reforms agreed in the program of cooperation with the IMF.

In both meetings, the partners mentioned reforms already implemented in Ukraine, which positively impact its attractiveness for investors, and agreed that Ukraine has to be more active in implementing further reforms, especially those aimed to tackle corruption, to achieve better results, including a faster economic growth.

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