Ukraine has a new Western backer. It’s not a nation-state, or a military contractor. It’s the financial firm BlackRock.
Ukraine announced Wednesday that Ukrainian President Volodymyr Zelensky had a video teleconference with BlackRock Chief Executive Officer Larry Fink. The pair apparently struck a deal to coordinate investment efforts to rebuild the war-torn nation.
A readout of the meeting on the Ukrainian president’s website boasted BlackRock’s involvement, calling the firm “one of the world's leading investment managers” and noted that it “manages client assets worth about 8 trillion dollars.”
“Zelenskyy and Larry Fink agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channelling investment into the most relevant and impactful sectors of the Ukrainian economy,” the readout claimed.
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