In his statement, President Biden expresses gratitude to Penny Pritzker for her significant contributions as the U.S. Special Representative for Ukraine’s Economic Recovery, highlighting her role in mobilizing investments and facilitating critical reforms to support Ukraine amidst the ongoing conflict with Russia. This recognition is important as it underscores the United States’ commitment to Ukraine’s economic stability and recovery, which is essential for the country’s resilience against aggression and for fostering a secure future.
Statement from President Biden Thanking U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker
Over the past two and a half years, the United States has rallied the world to stand with the people of Ukraine as they defend their freedom against Russia’s vicious onslaught. Central to that effort has been Penny Pritzker—our country’s first Special Representative for Ukraine’s Economic Recovery.
Working with partners at home and abroad, including international financial institutions, Special Representative Pritzker has mobilized significant public and private investment to help Ukraine maintain its economy as it repels Russian forces. She’s created a first-of-its-kind model for war risk insurance that has given many companies the confidence to continue doing business in Ukraine. She has worked to reopen critical export markets for Ukrainian businesses. She has strengthened Ukraine’s defense industrial base by helping facilitate co-production ventures with U.S. companies that benefit both our nations. And, she has helped the Ukrainian government make needed economic reforms—so as it begins to rebuild, it rebuilds stronger.
Like so many others, I am grateful to Special Representative Pritzker for returning to public service to share her wisdom and expertise. Her legacy of leadership and innovation is one we will carry forward as we continue to help Ukraine forge a more secure future—diplomatically, militarily, and economically.
August 6, 2024 White House Washington DC
Sources: Midtown Tribune news, WH.gov