From Thursday, 25 to Friday, 26 June 2026, AmCham EU participated in the Ukraine Recovery Conference in Gdańsk, Poland, engaging in discussions on reconstruction, economic recovery and Ukraine’s path toward EU integration. The conference took place amid renewed optimism following the opening of the Fundamentals Cluster in Ukraine’s accession negotiations, an important step in the country’s continued alignment with the EU acquis. Discussions underlined the importance of rule of law and anti-corruption reforms in creating a predictable investment environment. They also highlighted the role of private sector investment and the need for sustained transatlantic cooperation to support Ukraine’s long-term recovery. Learn more about the steps Ukraine is taking to strengthen the rule of law build investor confidence.

Ukraine’s progress in strengthening the rule of law and building a credible anti-corruption framework in recent years is enhancing its attractiveness as a destination for business and investment. Over the past decade, the establishment of specialised institutions, including NABU, SAPO, the High Anti-Corruption Court and the Prozorro public procurement platform, has improved transparency and enforcement. However, significant challenges remain, including the need to further strengthen judicial independence, ensure the consistent application of reforms and reinforce institutional resilience against political and wartime pressures. While governance risks persist, Ukraine has demonstrated a commitment to reform, supported by EU accession conditionality and international partnerships. Continued progress in these areas will be critical to providing investors with greater legal certainty and confidence in the country’s long-term trajectory.

Experience from the Baltic states illustrates how EU accession can act as a catalyst for institutional transformation, economic growth and increased foreign investment. Ukraine’s reform trajectory reflects many of the same characteristics, suggesting significant long-term potential if current reforms are maintained and deepened. For businesses, successful engagement in Ukraine requires both confidence in the country’s evolving institutional framework and robust internal compliance measures. Continued progress on judicial independence, anti-corruption enforcement and regulatory transparency will be essential to strengthening investor confidence, supporting reconstruction efforts and advancing Ukraine’s integration into the European Union.

On Wednesday, 22 April, AmCham EU hosted a roundtable on Ukraine’s recovery with Jurand Drop, Undersecretary of State, Ministry of Finance of Poland and Michał Kapa, Deputy Head of the Team Poland initiative and Director for International Partnerships, PFR Group. The discussion brought together AmCham EU members with counterparts from Polish companies and focused on the investment conditions and policy instruments needed to meet the challenge of Ukraine’s reconstruction and modernisation. Liam Benham (Boeing), Chair, and Yana Humen (IBM), Chair Ukraine Task Force, AmCham EU also underlined the importance of a supportive policy environment to help mobilise private investment and strengthen cooperation in support of Ukraine’s long-term recovery. They highlighted how US companies can work with European partners on making sure Ukraine’s integration with the EU is a success.

Four years ago, Russia launched a full-scale invasion of Ukraine. On the anniversary of the invasion, the American Chamber of Commerce to the EU (AmCham EU) reiterates its condemnation of Russia’s aggression. It is a breach of international law and an assault on the values we stand for. The Ukrainian people have continued to demonstrate commendable bravery in the face of adversity and a growing humanitarian crisis. 

American companies in Europe remain steadfast in their support for Ukraine’s sovereignty and are committed to the country’s reconstruction and recovery, underpinned by closer integration with the EU. Once peace is secured, the scale of the task ahead will be immense. Recent estimates from the World Bank put the cost of reconstruction and recovery at $588 billion over the next decade, underscoring both the urgency of action and the need to mobilise investment at unprecedented levels.  

In the past year, policymakers on both sides of the Atlantic have launched initiatives to encourage security and future prosperity in Ukraine, not least the Ukraine Support Loan, the US-Ukraine Reconstruction Investment Fund and the Flagship European Fund for the Reconstruction of Ukraine. American businesses stand ready to support the success of these efforts, which can only fully achieve their objectives with long-term security and stability in Ukraine.  

On Tuesday, 17 February, AmCham EU met with Taras Kachka, Deputy Prime Minister of Ukraine for European and Euro-Atlantic Integration and Vsevolod Chentsov, Head of Mission of Ukraine to the European Union. Malte Lohan, CEO, opened the discussion by reaffirming AmCham EU’s continued support for Ukraine’s recovery and EU integration, highlighting the importance of maintaining close transatlantic cooperation during Ukraine’s reconstruction. The exchange focused on aligning recovery efforts with the accession process, strengthening rule of law and investment conditions and ensuring fair access for international companies to EU recovery mechanisms. Participants also discussed the value of structured dialogue with the private sector to support implementation and attract long-term investment, underscoring shared commitment to Ukraine’s resilience and growth. Learn more about the role business can play in Ukraine’s recovery. 

From Wednesday, 9 to Friday, 11 July 2025, AmCham EU participated in the Ukraine Recovery Conference in Rome, engaging in discussions on reconstruction, economic recovery and Ukraine’s path toward EU integration. During meetings with Ukrainian, EU and US stakeholders, the delegation addressed the role of private sector investment and the need for transatlantic cooperation to support Ukraine’s long-term recovery. 

The delegation began with a dinner hosted by AmCham EU with representatives from the US Department of State. We discussed the critical role of US business and heard about the US Government’s approach to Ukraine’s recovery in conversation with Christopher Bergaust, Acting Coordinator, Assistance to Europe, Eurasia and Central Asia, US Department of State. 

Over the remaining two days, the delegation met with Davyd Aloian, Deputy Minister and Anna Gviozdar, Deputy Minister, Ministry of Strategic Industries of Ukraine, Cabinet of Ministers of Ukraine; Lisa Kaestner, Country Manager, Ukraine and Moldova, International Finance Corporation and Marcin Nowacki, Vice-President, Polish Union of Entrepreneurs and Employers, as well as representatives from the Swedish and Danish Ministries of Foreign Affairs. Delegates also had the chance to shake hands with Oleksandr Kamyshin, Strategic Affairs Adviser to President Zelensky 

Ahead of Poland’s hosting of the Conference next year, AmCham EU also engaged with Paweł Kowal, Chair, Council for Cooperation with Ukraine, Republic of Poland. 

On Friday, 12 July, Liam Benham (Boeing), Chair, AmCham EU joined a panel hosted by AmCham Ukraine on military mobility and defence cooperation, alongside Andrius Kubilius, Commissioner for Defence and Space, European Commission and other military leaders from Ukraine and the US.