Investment cooperation

According to the NBU, the largest foreign investor in Ukraine is Cyprus. Companies registered in this country have invested $ 15.494 billion in Ukraine. In second place - the Netherlands (10.261 billion dollars), in third place - Switzerland (3.083 billion dollars).

Russian companies have invested $ 1.050 billion in the Ukrainian economy: Russia is in ninth place, ahead of Poland ($ 826 million) and the United States ($ 809 million).

EU countries account for two-thirds of investment ($ 35.897 billion).

At the end of June 2020, the National Bank of Ukraine (NBU) released data on foreign direct investment (FDI) in the first quarter of 2020, recording a net outflow of $ 1.6 billion.

The NBU has improved the calculation of FDI statistics in accordance with international standards. From 2020, FDI accounting takes into account the reinvestment of income of non-financial corporations and further improves the statistics of FDI stocks.

Status of attracting and using the European Union's external assistance

In the framework of cooperation between Ukraine and the European Union, the Parties in 2013 and 2014, respectively, concluded international agreements on the provision of EU macro-financial (credit) assistance to Ukraine:

1. Memorandum of Understanding between Ukraine and the EU and the Loan Agreement between Ukraine as the Borrower, the NBU as the Borrower's Agent and the EU as the Lender for the provision of EU macro-financial assistance to Ukraine in the amount of up to 610 million euros (100 + 260 + 250 million euros) - IFD I;
2. Memorandum of Understanding between Ukraine and the EU and the Loan Agreement between Ukraine as the Borrower, the NBU as the Borrower's Agent and the EU as the Lender for Ukraine to receive EU macro-financial assistance of up to EUR 1 billion (500 + 500 million euros) (IFD-II) .

These agreements were ratified by the Laws of Ukraine of March 4, 2014 № 848-VII and May 20, 2014 № 1277-VII, respectively.

As a result of the relevant set of measures, Ukraine has already received all the planned funds:

• 1.360 billion euros in 2014
• € 250 million in 2015

In the framework of bilateral cooperation between Ukraine and the European Union, the European Party decided to provide Ukraine with additional macro-financial (credit) assistance of up to 1.8 billion euros (hereinafter - MFD III).

The EU macro-financial assistance instrument is a Memorandum of Understanding and a Loan Agreement between Ukraine, the NBU and the EU, which was signed on May 22, 2015 at the Eastern Partnership Summit in Riga and ratified by the Law of Ukraine України538-VIII of June 18. 2015 The memorandum stipulates that the purpose of this assistance is to reduce external financial pressure on Ukraine, improve its balance of payments and meet budget needs, as well as strengthen its position on foreign exchange reserves.

The detailed funding conditions that best meet Ukraine's needs will be determined jointly by the Ukrainian and European parties based on the results of the consultations. After such consultations, the Ukrainian side will send a request for a tranche, defining the main desirable conditions.

MFA III tranches will be distributed evenly, at € 600 million each.

In July 2015, Ukraine received the first tranche from the EU under IFAD III in the amount of 600 million euros. The second payment of 600 million euros is expected to arrive in late 2015