Last week Friisberg & Partners International was privileged to be invited to participate in the Ukraine Recovery Conference 2023 (URC23) in London from 21st – 23rd June. It is an annual global conference and was this year organized and hosted by the governments of the United Kingdom and, of course, Ukraine. URC23 brought together a coalition of thousands of representatives from civil society, businesses and governments from 59 countries to discuss and commit to support for Ukraine’s recovery and reconstruction.
Elena Maysyura, who leads our office in Kyiv, was joined by Lorri Lowe and Andrew Guy from our office in London. Speakers at the conference included Ukrainian President Volodymyr Zelensky, UK Prime Minister Rishi Sunak, his Ukrainian counterpart, Denys Shmyhal, as well as President of the European Commission Ursula von der Leyen (who confirmed that Ukraine’s accession to the EU is imminent), US Secretary of State Antony J. Blinken, foreign ministers of EU countries, and others.
We know that Ukraine has significant economic potential. The international community came together at the conference to unlock the potential of the private sector to help Ukraine’s economic recovery. This, in turn, will support the country to come back stronger, as a modern, stable and resilient democracy.
"By building Ukraine, we are building much more than one country, we are building the world.
"Will it be peaceful? Will it be stable? Will it be democratic? It depends on each and every one of us."President Zelenskyy (video remarks)
The focus of day three of this year’s conference was to advance private sector participation in the Ukrainian recovery and for this URC23 was hailed a great success, with one of the largest international financial commitments for reconstruction since the Second World War. By the end of the event, a total of some US$60 billion in international commitments had been made.
It was noteworthy that a recurring theme at URC2023 was the strength of human capital already in Ukraine and the willingness of the Ukrainian diaspora to rebuild the economy back home - not just after the war, but now.
With our office in Kyiv and many more in other cities in Europe and around the world, Friisberg & Partners International is ideally placed to identify and secure the right leadership for Ukraine's revived businesses and FDI projects.
Friisberg stands with Elena, her team in Kyiv, and her country - we remain united in our support for Ukraine.