U.S. DFC establishes permanent presence in Ukraine

MOSCOW. Aug 20 (Interfax) - The United States International Development Finance Corporation (DFC) has established permanent presence in Ukraine.

"The AmCham Ukraine team has had a productive meeting with the DFC's Caitlin Candee, project finance and political risk insurance specialist, and investment advisor Anthony Pollak, who will be maintaining permanent presence in Ukraine," Ukrainian media cited an AmCham Ukraine statement on a social network.

According to the information provided by Pollak on social media, he has been working on the DFC's behalf in Kiev since July 2024, and served as an investment consultant of CrossBoundary Group in Kiev before that.

The DFC, U.S. government development-finance agency and successor to the OPIC, has launched a special website dedicated to its work in Ukraine. It says that DFC investments in Ukraine amounted to $800 million before the crisis and have grown by $848 million, or practically doubled, since the beginning of 2022. The DFC portfolio stood at about $1.6 billion as of August 12.