ICC champions private sector de-risking at Ukraine Recovery Conference 

Speaking alongside Ukraine’s Deputy Minister of Economy, Andrii Teliupa, at an ICC co-hosted roundtable on export finance for Ukraine’s reconstruction – an official URC25 side event – ICC Secretary General John W.H. Denton AO announced ICC’s intention to establish a new Working Group on Export Finance for Reconstruction of Conflict-Afflicted Areas under the umbrella of the ICC Global Banking Commission. 

“With the right risk mitigation tools in place, business can play a pivotal role in the reconstruction of Ukraine and other conflict-affected regions. ICC is proud to offer a trusted platform that fosters stronger public-private collaboration on export credit risk mitigation – enabling our global banking community to engage more effectively with public sector stakeholders on these critical issues.”  

Mr Denton

Held at the Luiss School of Law on 9 July, in partnership with the Ministry of Economy of Ukraine and the Kyiv School of Economics, the roundtable convened senior officials from commercial banks, Export Credit Agencies, Development Finance Institutions, Multilateral Development Banks, businesses, and international organisations for candid dialogue on persistent challenges and practical solutions to mobilise export finance and mitigate risks facing businesses involved in Ukraine’s recovery. 

The roundtable formed part of a broader series of ICC engagements in Rome. On 11 July, Mr Denton highlighted the importance of mitigating dispute-related risks to attract foreign investment on a URC panel looking at revitalising and modernising the manufacturing sector to boost industrial competitiveness. During the session, Mr Denton unveiled new details of a dedicated ICC dispute resolution initiative announced in November 2024, confirming a 20% reduction on administrative expenses for disputes related to Ukraine’s reconstruction across ICC’s full range of dispute resolution services, including arbitration and mediation.   

Speaking at a Confindustria and Deloitte event, “Connecting for Ukraine’s Future Prosperity” on 9 July, Mr Denton also underscored the role of public-private partnerships and targeted de-risking measures in supporting infrastructure activity in Ukraine – a strategic sector for recovery.  

ICC’s activities at the Ukraine Recovery Conference build on engagements at the 4^th UN International Conference on Financing for Development (FfD4) in Seville earlier this month, where ICC co-hosted a high-level event with UNCTAD and the Berne Union looking at ways to enhance de-risking mechanisms for sustainable investment. 

Participation in the 2025 Ukraine Recovery Conference builds on ICC’s longstanding involvement in Ukraine’s recovery process. This includes collaboration with multilateral platforms including the Ukraine Donor Platform, its Business Advisory Council, and the SME Resilience Alliance for Ukraine.