Ukraine has cut spending on lobbying interests in the United States by more than 90%, Russia has spent ten times more.
In the first year of Russia’s massive invasion, Ukraine spent nearly $5 million lobbying the United States. By 2023, this amount has dropped by 93%. This was reported by Opendatabot, a platform for working with open data.
There are currently 504 active lobbying firms in the United States. In total, 6,772 such companies are registered in the States.
Ukraine spent about $5 million lobbying the United States in the first year of Russia’s full-scale invasion. However, just one year later, in 2023, costs were reduced by nearly 93% – to $367,000
On average, Ukraine has spent about $270,000 a year lobbying the United States since 2015. The exception is the year 2020, when the state has no government spending on lobbying.
In the face of all-out war, Russia spent an average of $38 million a year lobbying its interests in the United States. However, already in 2022, lobbying costs will decrease more than 10 times. However, this is more than what Ukraine spends. For example, last year Ukraine spent 10 times less money on lobbying in the United States than in Russia.
The largest amount for Ukraine’s influence in America in 2022 was spent by the Government of Ukraine, more than $3 million, and the Ministry of Finance, almost $2 million.
Let’s remember that Ukraine recently adopted a bill on lobbying – that is, on any influence on government officials to defend the interests of the state.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.