05/21/2026
🇺🇸🇺🇦 On 18 May, USUBC and K&L Gates LLP co-organized the Business Forum: U.S. Private Sector Engagement in Ukraine’s Reconstruction in Washington, D.C., with support from Trident Group America, Inc. The event focused on mobilizing U.S. private sector interest and participation in Ukraine’s reconstruction ahead of the 2026 Ukraine Recovery Conference.
In his Keynote Remarks, Ambassador John Herbst, Former U.S. Ambassador to Ukraine and Senior Director of the Eurasia Center at the Atlantic Council, urged investors to engage now rather than wait for the war's end, arguing that early positioning offers the strongest long-term returns.
Panel One, moderated by Guillermo Christensen, Partner at K&L Gates, examined Ukraine's defense tech sector as a live innovation environment where drone, robotics, and AI development is accelerating rapidly — panelists pushed back on perceptions of high risk, warning that slow U.S. engagement cedes ground to already-active European partners. Panel Two, moderated by Maria Kostytska, Partner at K&L Gates, addressed energy and critical minerals, covering the war-driven shift toward decentralized and resilient energy systems, the renewed role of nuclear power, and the mandate of the U.S.-Ukraine Reconstruction Investment Fund (URIF) across energy, minerals, infrastructure, telecom, and emerging technologies. Panel Three, moderated by Irina Paliashvili, President & CEO of the U.S.-Ukraine Business Council (USUBC), framed reconstruction as large-scale economic modernization tied to EU accession.
A recurring theme across all sessions was the gap between high-level reconstruction needs and bankable, investment-ready projects — with tools like URIF and DFC financing seen as critical bridges. Significant attention was devoted to the upcoming Ukraine Recovery Conference (URC 2026) in Gdańsk as a key opportunity for the U.S. private sector to engage. At an estimated $600 billion in reconstruction needs, Ukraine represents one of the largest modernization opportunities globally.
📌 Read more https://usubc.org/usubc-and-kl-gates-co-hosted-business-forum-u-s-private-sector-engagement-in-ukraines-reconstruction-on-the-road-to-the-ukraine-recovery-conference-urc-2026-i/
Photo credit: David Hunsinger

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