KYIV, Nov 11 – BlackRock, the world’s largest investment company, will advise Ukraine on a plan to tap private investments for rebuilding of the country’s economy ravaged by the Russian invasion since February.

The Economy Ministry and BlackRock signed a memorandum of understanding in Washington to spearhead the investment projects.

"It is very important for us to demonstrate to the whole world that the war does not prohibit investments in Ukraine... Therefore, we look forward to working with BlackRock FMA. We hope that this 'recovery platform' will become an effective mechanism for mobilizing investments in key sectors of our economy," First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko said in a statement on Friday.