Investment & Fund Management

Italy has joined a significant EU initiative aimed at bolstering trade with Ukraine through the InvestEU-supported Ukraine Export Credit Guarantee Facility. This facility is providing a total of €300 million in guarantees from the European Investment Fund (EIF), with Italy's export credit agency, SACE, receiving €24 million of this total. The initiative is designed to support small and medium-sized enterprises (SMEs) and mid-caps in the EU, facilitating their exports of essential goods and services to Ukraine amidst the ongoing conflict.

The tailored solution provided by the Ukraine Export Credit Guarantee Facility aims to mitigate risks for exporters while encouraging trade ties between the EU and Ukraine. It is projected to benefit over 550 EU exporters, including approximately 90 Italian companies, by enabling them to export critical items such as machinery, construction materials, and advanced technologies necessary for Ukraine's economic recovery and reconstruction.

The initiative has already generated significant interest from EU businesses, ensuring demand for the full amount of EIF guarantees. This support not only helps maintain existing exports to Ukraine but also fosters new trade relationships, thereby contributing to the integration of EU and Ukrainian economies. The facility represents a strategic tool for both sides, unlocking opportunities and building confidence in Ukraine as a resilient market.