Ukraine's Zelenskiy 'rings' NYSE bell in quest for foreign investment

Volodymyr Zelenskiy

© APA | Volodymyr Zelenskiy

# 06 September 2022 19:01 (UTC +04:00)

Ukraine's President Volodymyr Zelenskiy remotely rang the opening bell at the New York Stock Exchange on Tuesday as his nation appealed for billions in private investment to rebuild factories and industries destroyed by Russia, APA reports citing Reuters.

Zelenskiy's government launched a platform of over 500 projects worth $400 billion for foreign investors to help rebuild Ukraine's economy, even as war with Russia drags on.

Zelenskiy appeared on a video screen behind the platform overlooking the NYSE floor where the opening bell is traditionally rung. Traders applauded and whooped while a banner read: "We are free. We are strong. We are open for business."

Fresh from a roundtable with top executives from JP Morgan, Pfizer Inc and other U.S. companies, Zelenskiy said in English that Ukraine was already rebuilding its economy, more than six months since the Russian invasion.

"Ukraine is the story of a future victory and a chance for you to invest now in projects worth hundreds of billions of dollars to share the victory with us," he said.

The United States and allies in Europe and Asia have already sent billions in aid, weapons and other security spending.

The "Advantage Ukraine" initiative - first flagged at a recovery conference in Switzerland in July - focuses on 10 key sectors, including the military-industrial complex, energy, pharmaceuticals, metallurgy, woodworking, and logistics.