{"id":789330,"date":"2024-12-12T11:08:31","date_gmt":"2024-12-12T09:08:31","guid":{"rendered":""},"modified":"2024-12-13T13:44:19","modified_gmt":"2024-12-13T11:44:19","slug":"asotsiatsiya-provela-zustrich-z-entoni-pollakom-predstavnykom-mizhnarodnoyi-finansovoyi-korporatsiyi-rozvytku-ssha","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/asotsiatsiya-provela-zustrich-z-entoni-pollakom-predstavnykom-mizhnarodnoyi-finansovoyi-korporatsiyi-rozvytku-ssha\/","title":{"rendered":"EBA met with Anthony Pollak, a representative of the U.S. International Development Finance Corporation"},"content":{"rendered":"<p style=\"font-weight: 400\">EBA Ukraine Recovery Committee met with Anthony Pollak, the U.S. International Development Finance Corporation (DFC) representative, who delivered an enlightening presentation on the organization\u2019s contributions to fostering private sector growth in developing economies. With a focus on Ukraine, Pollak outlined how the DFC\u2019s diverse financial products and strategic priorities align with the country\u2019s economic recovery and development amid ongoing challenges.<\/p>\n<p style=\"font-weight: 400\">As the development bank of the U.S. Government, the DFC bridges financing gaps by providing tools such as direct loans, loan guarantees, and political risk insurance. Pollack emphasized the relevance of these products to Ukraine:<\/p>\n<ul style=\"font-weight: 400\">\n<li><strong>Direct Loans and Loan Guarantees:<\/strong>\u00a0These tools enable Ukrainian businesses to access essential capital for infrastructure and energy projects, with risk-sharing mechanisms fostering confidence among local banks.<\/li>\n<li><strong>Risk Insurance:<\/strong>\u00a0These mechanisms protect investments in volatile regions, addressing the unique challenges of war-affected areas like Ukraine.<\/li>\n<\/ul>\n<p style=\"font-weight: 400\">The DFC\u2019s work in Ukraine reflects its broader mission to support strategic U.S. allies and foster resilience in critical sectors. By prioritizing projects in renewable energy, agriculture, logistics, and healthcare, the DFC ensures its investments have a meaningful developmental impact, including job creation and strengthened supply chains. DFC supports investments in the real sector, including logistics, intermodal terminals, and warehouses. Military technology projects are excluded from DFC\u2019s scope, although dual-use technology could be considered if appropriately presented.<\/p>\n<p style=\"font-weight: 400\">Pollak detailed the DFC\u2019s rigorous project lifecycle, emphasizing transparency and collaboration:<\/p>\n<ol style=\"font-weight: 400\">\n<li><strong>Initial Evaluation:<\/strong>\u00a0Interested businesses submit a project outline for preliminary review.<\/li>\n<li><strong>Comprehensive Review:<\/strong>\u00a0Key documents such as feasibility studies and financial models are required for in-depth assessment.<\/li>\n<li><strong>Due Diligence:<\/strong>\u00a0This phase includes technical, legal, and environmental scrutiny to ensure projects align with DFC\u2019s standards and goals.<\/li>\n<li><strong>Implementation:<\/strong>\u00a0Approved projects receive active monitoring to ensure compliance and success.<\/li>\n<\/ol>\n<p style=\"font-weight: 400\">To overcome challenges like insufficient international experience, Pollak urged Ukrainian firms to collaborate with foreign equity providers and leverage DFC\u2019s war-risk insurance to attract global investment.<\/p>\n<p style=\"font-weight: 400\">Members of the \u0415\u0412\u0410&#8217;s Committee on Ukraine\u2019s Recovery, in turn, had the opportunity to ask the DFC representative several additional questions and clarifications regarding the practical feasibility for businesses to access specific financial instruments.<\/p>\n<p style=\"font-weight: 400\">Furthermore, as a result of the meeting, the parties agreed to hold such meetings regularly to exchange up-to-date information and enhance opportunities for attracting investment to Ukraine as a whole.<\/p>\n<p>We appreciate the constructive dialogue with Anthony Pollak and the U.S. International Development Finance Corporation team and look forward to further productive cooperation!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EBA Ukraine Recovery Committee met with Anthony Pollak, the U.S. International Development Finance Corporation (DFC) representative, who delivered an enlightening presentation on the organization\u2019s contributions to fostering private sector growth in developing economies. With a focus on Ukraine, Pollak outlined how the DFC\u2019s diverse financial products and strategic priorities align with the country\u2019s economic recovery [&hellip;]<\/p>\n","protected":false},"author":33544,"featured_media":608976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15564,15563,15574],"tags":[],"class_list":["post-789330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lobbying-news-en","category-main-news-en","category-news-and-articles-from-association-en"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/789330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/33544"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=789330"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/789330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/608976"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=789330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=789330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=789330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}