Support for UK businesses helping to rebuild Ukraine
Department for Business and Trade (DBT) initiatives to support UK businesses helping to rebuild critical infrastructure in Ukraine.
Russia’s full-scale invasion of Ukraine has severely damaged critical infrastructure like bridges, housing, hospitals and power plants. Ukraine will need significant support and investment by British businesses to rebuild its critical infrastructure and keep its economy afloat for the duration of the war.
Figures published by the World Bank outline that reconstruction costs are expected to amount to $486 billion over the next decade.
DBT encourages innovative UK businesses to contribute their experience and expertise in rebuilding Ukraine’s damaged infrastructure. This is a unique opportunity for British businesses to demonstrate their strengths in the global market and make a difference to Ukraine.
Support available to UK businesses
We are leading efforts to assist Ukraine with its immediate and long-term recovery plan across a range of sectors and are ready to partner with UK businesses to fulfil Ukraine’s reconstruction needs.
Our initiatives aim to boost UK-Ukraine trade, improve market conditions, and support Ukraine’s long-term reconstruction.
Sign up to our newsletter
We regularly share updates on reconstruction work and invite businesses to get involved where their sector expertise can support Ukraine.
Sign up for our newsletter by emailing the following information to [email protected]:
- contact name
- company or organisation name
- role in the company or organisation
- direct contact email address
- sector expertise
Read our Ukraine reconstruction privacy notice to find out how we process your data.
Sign the Ukraine Business Compact
Show support for Ukraine’s recovery and its drive to modernise, build a resilient and agile economy and emerge from war as a stronger and more prosperous state.
Sign the compact at https://ubc.globalcompact.org.ua.
Trade agreements
The UK-Ukraine political, free trade and strategic partnership agreement liberalised tariffs until 2029 on almost all goods, except for eggs and poultry which have been extended until 2026.
The digital trade agreement will expand opportunities for UK tech companies and pave the way for a robust digital economy in both the UK and Ukraine.
UK-Ukraine Tech Bridge
The UK-Ukraine TechBridge is a world-leading programme for Ukrainian and UK tech entrepreneurs and companies to exchange their skills and expertise and deliver joint projects. As part of the programme, DBT will deliver tech-focused events, alongside a package of training and guidance in line with the 4 pillars of the programme:
- skills
- innovation
- trade
- investment
UK businesses can contribute to the UK-Ukraine Techbridge by:
- providing online or in-person tech skills training
- supporting innovation workshops to uncover innovative tech solutions to commercial challenges
- training, mentoring or investing in Ukraine tech companies through the Investment Accelerator
- supporting companies to do business between the UK and Ukraine
Contribute to the TechBridge by contacting DBT’s TechBridge team.
Ukraine business guide
A tailored guide providing UK businesses of all sizes and sectors with the core information necessary to understand the opportunities and challenges of doing business in Ukraine.
The information contained in the guide will help you understand the fundamentals of the Ukrainian market, and how to position yourselves when pursuing commercial opportunities in Ukraine.
In reading the guide, we hope that UK businesses can expand their knowledge of the economic, commercial and political context that defines the Ukrainian market. We have also outlined various logistical and operational considerations to support your preparation for trading in Ukraine.
We intend to update the guide regularly to account for the changing context in Ukraine, and welcome feedback from businesses on what else you would like to see included in upcoming versions.
War risk insurance
In response to concerns around insurance when investing in Ukraine, the UK government is working with the UK’s world-leading insurance industry to support greater availability of commercial insurance options for businesses wishing to operate in Ukraine.
UK-Ukraine Infrastructure Taskforce
The UK-Ukraine Infrastructure Taskforce is co-led by Minister Ghani and Oleksandr Kubrakov, Deputy Prime Minister for Restoration of Ukraine. This ministerially chaired strategic dialogue will provide technical assistance to the Government of Ukraine.
Updates to this page
Published 15 March 2024Last updated 21 March 2024 + show all updates
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Text revised in war risk insurance section.
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First published.
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Ukraine reconstruction information pulled together into collection page.