On October 21, 2025, a working meeting took place in Tokyo between the Ukrainian delegation, led by Minister of Economy, Environment, and Agriculture Oleksiy Sobolev, and Atsuo Kuroda, President of the Japanese Export-Import Agency (NEXI).
The parties discussed expanding cooperation in investment and export insurance, a key factor in attracting Japanese investments and technology to support the recovery of Ukrainian industry and infrastructure.
Key topics covered included:
- War risk insurance: Due to limitations on sovereign guarantees, Ukraine is already using alternative mechanisms, including EU guarantees through the Ukraine Facility, and risk-sharing with the EBRD and IFC.
- Insurance premium compensation: Ukraine plans to introduce compensation schemes for companies across the country, with special direct compensation for frontline regions, making insurance, including NEXI coverage, more accessible.
- Industrial recovery: Ukraine is interested in using NEXI tools to insure the delivery of Japanese equipment as part of the “Industrial Ramstein” initiative.
- Housing guarantees: Potential cooperation with NEXI for guarantees in residential construction, including under the yeOselya program, was discussed.
- International coordination: Expansion of collaboration with other export credit agencies, such as Poland’s KUKE and the UK’s UKEF, was agreed.
Minister Sobolev emphasized:
“Expanding cooperation with NEXI is a step toward unlocking Japanese investments and supporting industrial recovery. War does not stop development—in fact, it accelerates our search for solutions to attract financing and launch projects today.”
Currently, NEXI covers about half of Japanese exports and investments in Ukraine. The meeting confirmed Japan’s readiness to engage more actively in projects critical to the country’s economic resilience and reconstruction.
