USUBC News and Events

Washington DC: U.S.-Ukraine Business Council held 29th Annual Business Luncheon

On Monday, December 9, 2024, USUBC held its 29th Annual Business Luncheon, "Moving Ukraine Ahead in 2025", at the historic Army and Navy Club in Washington, D.C. The event gathered USUBC Board Members and distinguished guests to discuss Ukraine's priorities for the coming year.

Keynote remarks were delivered by Ambassador Oksana Markarova, Ukraine's Ambassador to the United States and Ambassador Geoffrey Pyatt, Assistant Secretary of State for Energy Resources and former U.S. Ambassador to Ukraine. A panel of esteemed speakers, including Dr. Anders Aslund (Stockholm Free World Forum), Mark Simakovsky (USAID), Dr. Kimberly Kagan (Institute for the Study of War), and Lt. Gen. Michael Howard (ret) (ML Howard Consulting), provided insights into Ukraine's reconstruction, energy resilience, defense sector and strategic partnerships.

During the luncheon, Van Yeutter, Vice President, Corporate Affairs at Cargill and one of the USUBC’s longest serving Executive Committee member, received the USUBC Distinguished Service Award in recognition of his long-time commitment and dedicated service.

USUBC was also honored to welcome wounded Ukrainian veterans currently undergoing treatment in the United States, whose courage and presence served as a poignant reminder of Ukraine's ongoing fight for freedom and sovereignty.

A special thank you to AeroVironment, Westinghouse, and ADM for sponsoring this year's Annual Business Luncheon. Additionally, USUBC extends its gratitude to the People of Ukraine Foundation, a long-time member of USUBC, for their invaluable support in organizing this impactful event.

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Washington, D.C. | Mon, Dec 9, 2024

Washington, D.C.: USUBC held Annual Business Meeting

On December 9, the U.S.-Ukraine Business Council held its Annual Business Meeting at the offices of King & Spalding Law Firm, with virtual participation via Zoom for members joining from Ukraine and beyond. This important event gathered voting members of the USUBC Board of Directors to discuss annual financial and executive reports on USUBC’s activities and accomplishments over the past year, to vote on several USUBC resolutions and to elect USUBC officers and members of the Executive Committee.

The Meeting emphasizing efforts to support Ukraine’s economic development, resilience, and integration into global markets. USUBC Board Members also engaged in discussions about upcoming priorities and opportunities to expand collaborative initiatives among the Council’s growing network of over 240 members.

USUBC expresses deep gratitude to King & Spalding Law Firm for generously hosting the USUBC Annual Business Meeting.

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Washington, D.C. | Fri, Dec 6, 2024

Washington, D.C.: Deputy Secretary Verma’s Keynote Address on Ukraine’s Economic Recovery - United States Department of State

Irina Paliashvili, Acting President of USUBC, participated on December 12 in Washington, D.C. in the Center for Strategic and International Studies (CSIS) Project on Prosperity and Development’s conversation with Deputy Secretary of State Richard R. Verma.

Ambassador Verma emphasized the crucial role of private sector engagement and announced four new critical initiatives to support Ukraine’s wartime economy, recovery and reconstruction:   

  • Additional $74.7 million to support export-oriented agriculture, so Ukraine’s farmers and food processors can play a greater role in Ukraine’s economic comeback. Ambassador Verma underscored the important role of the U.S. private sector in supporting Ukraine to get quality Ukrainian produce and grains on family tables around the world, and specifically highlighted four USUBC members: ADM, Bunge, Cargill and Louis-Dreyfus.  

  • More than $223 million dollars in additional support to rebuild Ukraine’s transportation, infrastructure and logistics.

  • $35 million contribution to the Ukraine Recovery Trust Fund to support the Ukraine Government’s own, internal Project Preparation Facility, co-developed together with the World Bank.

  • More than $105 million in new funding to train and equip Ukrainians for tomorrow’s jobs in reconstruction and industry.

The video of the event is available via this link and Ambassador Verma’s remarks are published here.

USUBC thanks CSIS and Daniel F. Runde, a Senior Vice President of CSIS and Director of the Project on Prosperity and Development, for hosting this important event.

 

Washington, D.C. | Fri, Dec 6, 2024

Washington, D.C.: USUBC Hosts Private Dinner with First Deputy Prime Minister Yulia Svyrydenko

On December 4, 2024, the U.S.-Ukraine Business Council held a private dinner in Washington, D.C. honoring Ms. Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economic Development and Trade of Ukraine, along with a high-ranking Ukrainian delegation.

Key topics of discussion included Ukraine’s energy security, the protection of critical energy infrastructure, and opportunities in critical minerals exploration. The dinner provided an invaluable platform for dialogue between Ukrainian government officials and the U.S. business leaders actively involved in Ukraine.

The event was attended by several prominent USUBC members working in the energy sector, including Holtec International , GE VernovaHoneywellCulmen InternationalVELTA LLCRebuilding Ukraine Agency and others. Their participation highlighted the importance of collaboration between U.S. investment community and Ukrainian leaders in addressing Ukraine's critical economic and energy challenges and opportunities for collaboration in Ukraine's reconstruction in the energy sector.

A special thanks to Culmen International and Honeywell for supporting this significant event. USUBC also extends our gratitude to the Embassy of Ukraine in Washington, D.C. for their excellent cooperation in organizing this event.

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Kyiv | Wed, Dec 4, 2024

Kyiv: ArtAsters hosts exhibition IMAGINARY RIGIDITY OF EMPATHY

On 4 December 2024, Asters and the U.S.-Ukraine Business Council (USUBC) held a reception opening a new art exhibition IMAGINARY RIGIDITY OF EMPATHY in their long-standing project ArtAsters promoting Ukrainian art. The exhibition is based on artworks of Victor Sydorenko, one of the most prominent protagonist of the contemporary Ukrainian art.

In his works, including exhibited graphic prints, paintings, videos and sculptures, the artist explores vibrant existential themes of human identity, social change, and living experience. His unique style combines realism and abstraction creating thought-provoking images challenging viewers with fundamental questions of human life. His artistry is broadly recognized internationally with solo exhibitions at the Venice Biennale, in the Museum of Contemporary Art KIASMA (Finland), and many other museums and galleries. His artworks are owned by Yale University (USA), art museums and numerous private collectors worldwide.

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U.S.-Ukraine Business Council Welcomes New Members — Education Alliance for Ukraine and New Use Energy, Inc.

Education Alliance for Ukraine (EAUA), a nonprofit foundation, is dedicated to driving sustainable development in Ukraine by providing cutting-edge construction technology training. EAUA’s initiatives include the creation of Construction Technology Centers of Excellence based on a Memorandum of Understanding with Ukraine’s Ministry of Education and Science.

These centers aim to prepare professionals in architecture, engineering, and construction for Ukraine’s $500 billion+ reconstruction efforts. Additionally, EAUA is launching programs to train experts in historic preservation, digital design, and sustainable construction methods, ensuring that Ukraine’s cultural heritage is preserved while rebuilding modern infrastructure.

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New Use Energy is a global leader in innovative mobile power, solar energy, and lithium battery solutions dedicated to creating tough, portable, and reliable energy systems that meet the needs of diverse industries and communities anytime, anywhere. Their commitment to clean energy and social impact aligns seamlessly with USUBC’s mission of fostering partnerships that drive economic growth and recovery in Ukraine.

New Use Energy’s products are ruggedized, silent, and fume free. They can be used outdoors or indoors and charged from a variety of sources. Some are made in NUE’s Ukrainian office in Lviv, Ukraine. NUE is replacing fossil fuel generator use in military and telecommunications applications, hospitals, film and tv sets, humanitarian aid locations, and underserved communities worldwide.

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Member Spotlight

 
 

American Councils: Supporting Ukraine Through Education and Humanitarian Aid

American Councils for International Education, a leading nonprofit in international education, has been a steadfast partner to Ukraine since 1991. With over 250 programs in 148 countries, the organization empowers individuals and institutions to succeed globally.

In response to Russia's 2022 invasion, American Councils launched the Emergency Support for Ukraine Initiative, providing $94,000 in funding and humanitarian aid. This includes $60,000 in grants for Ukrainian FLEX alumni studying in the U.S. and critical medical and digital infrastructure for war-impacted regions.

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Members and Partners Upcoming Events

 

New York

Thu, Dec 12, 2024

Opening of Ukrainian Artists' Group Show in NYC

The event, organized by MRIYA Gallery, will highlight the works of Ukrainian and American artists of Ukrainian origin, curated by renowned art curator Tamara Lee. Proceeds from the exhibition will support Heal Ukraine Trauma (HUT), a nonprofit focused on addressing the mental health challenges faced by Ukrainians due to the ongoing war. The exhibition will run until January 12, 2025, at the MRIYA Gallery in Tribeca, New York.

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Kyiv and Online

Thu, Dec 12, 2024

5th International Forum "Human Capital: Value, Quality, Development"

The forum is organized by the National Qualifications Agency (NQA) in partnership with Helvetas Ukraine within the project “Contributing to a Favorable Economic Environment for Returnees, IDPs, and War-Affected Populations in Ukraine”. This event explores the European integration of Ukraine’s qualifications system, development of qualification centers, and advancements in the National Qualifications Framework.

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Washington, DC

Fri, Dec 13, 2024 | 10 AM EDT

Panel Event: Rebuilding a Nation with Ukraine’s Veterans

The event, organized by the Borderlands Foundation, will bring together distinguished panelists to discuss the unique needs, challenges, and opportunities for Ukraine’s veterans as the nation rebuilds. Panelists include Major General (retired) Vladyslav Klochkov, Lieutenant General (retired) Viktor Bokii, and Tetiana Skrypchenko, each offering their expertise on psychological resilience, veteran reintegration and the importance of recording Ukraine's wartime history.

 

To RSVP, please contact to Nina Covic at Nina.Covic@ceip.org

Washington, DC

Tue, Dec 17, 2024

U.S. launch of renowned Ukrainian wine and vodka brands by SPYRT Worldwide: SHABO Wine, Hetman Vodka, and Ukrainian Spirit Vodka

The event, organized by SPYRT Worldwide, will celebrate the U.S. launch of premier Ukrainian brands SHABO Wine, Hetman Vodka, and Ukrainian Spirit Vodka. Hosted by Crowell & Moring LLP, this exclusive evening will feature wine tastings, signature cocktails, and insights from distinguished speakers, including Kurt Volker and SHABO Winery owner Giorgi Iukuridze. Register

 

For questions, please contact Rose Sarti at rose@spyrtworldwide.com

 

Members and Partners News

 
 

GardaWorld Ukraine Monthly Security Analysis Report

by GardaWorld | Wed, Dec 5, 2024

EBRD lends €80 million to support distributed energy generation in Ukraine

by EBRD | Fri, Dec 6, 2024

VISA Annual Report 2024

by VISA | Tue, Dec 10, 2024

Overview of "Gun-Jumping" Cases in Ukraine

by Kinstellar | Tue, Dec 10, 2024

Impact of the EU’s Artificial Intelligence Act on CEE | CMS Report

by CMS | Thu, Dec 12, 2024

Edge Autonomy ranks 4th among the top 20 dual-use drone manufacturers in Global Drone Review 2024

by Drone Industry Insights | Tue, Dec 10, 2024

Ukrainian Laws in Wartime: Guide for International and Domestic Businesses

by Baker McKenzie | Tue, Dec 10, 2024

EBRD and Aon launch innovative war risk insurance facility for Ukraine

by EBRD | Thu, Dec 12, 2024

Senior Partner of KM Partners / WTS Ukraine Alexander Minin has been named the top specialist in taxation in Ukraine

by KM Partners / WTS Ukraine | Mon, Dec 9, 2024

Sustainability Metrics Report 2024

by Wabtec Corporation | Tue, Dec 10, 2024

RiskMap 2025 for private market investors

by Control Risks | Tue, Dec 10, 2024

Amentum Awarded $105M Research, Development, Test and Evaluation Contract to Enhance Electronic Warfare Systems

by Amentum | Mon, Dec 9, 2024

 

Recent Developments

 

Washington, DC

Fri, Dec 6, 2024

Ukrainian Food Manufacturers Alliance Opens Chicago Office to Promote Ukrainian Brands in the U.S.

The Alliance, now representing 17 member companies, focuses on showcasing a diverse range of high-quality Ukrainian food products, including vegan snacks, gluten-free cookies, spices, and modern adaptations of traditional favorites. These boxes, now available for purchase online at UA Food Box, make excellent corporate gifts while promoting Ukrainian brands.

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If you are a USUBC member, we would like to share news and updates about your company with our network. Please send Ukraine-related materials to Khrystyna Titarchuk, Social Media Manager at ktitarchuk@usubc.org