International Development Finance Corporation CEO Scott Nathan’s Remarks to Media at Gazelle Finance Event

CEO Nathan:  Well, I’m thrilled to be here in Georgia visiting this fantastic facility. I arrived just an hour ago at the airport and came straight here to Fruit Logistics so that we could celebrate not only the great investment that Gazelle Finance has made here in Georgia, but also our new memorandum supporting Ukrainian businesses that are displaced and relocating, hopefully temporarily, to Georgia. The memorandum of understanding that we signed today will enable financial support for Ukrainian businesses that are displaced here temporarily because of the brutal aggression, the unjustified and unprovoked war that Russia is waging on Ukraine. It’s important that Ukrainian businesses have the ability to survive the war so that when the war is over, they can go back and help rebuild the economy. It’s also particularly important for women-owned businesses.  Given that many men are staying in Ukraine to fight the war, women-owned businesses need support to be able to survive. So, the Development Finance Corporation and the United States are very pleased to provide technical assistance through Gazelle Finance to help support these businesses so that they can survive and help rebuild Ukraine.