The Japan Export Credit Agency (NEXI) is ready to expand military risk insurance in Ukraine, which is key to attracting Japanese investment and technology to rebuild Ukrainian industry and infrastructure.
According to the website of the Ministry of Economy, Environment and Agriculture, this was discussed at a working meeting between a Ukrainian delegation led by Economy Minister Oleksiy Sobolev and NEXI President Atsuo Kuroda on October 21, 2025, in Tokyo.
During the meeting, it was also noted that Ukraine is preparing to introduce compensation for enterprises throughout Ukraine where insurance companies operate. A special component of direct compensation will apply to frontline regions. This will make insurance, in particular NEXI, more affordable. Ukraine is interested in using NEXI tools to insure Japanese equipment supplies as part of the Industrial Ramstein initiative.
An agreement was reached to expand cooperation with other export credit agencies, in particular the Polish KUKE and the British UKEF.
“Expanding cooperation with NEXI is a step towards unlocking Japanese investment and supporting industrial recovery. War does not cancel development, but rather the opposite. We are actively looking for solutions that allow us to attract financing and launch projects today,” said Alexei Sobolev.
The information emphasizes that NEXI already covers about half of Japanese exports and investments in Ukraine.
