Last night, Ukrainian and American parties signed an important agreement on cooperation in the field of natural resources and economic development. The document provides for the establishment of an Investment Fund for the Reconstruction of Ukraine with the involvement of global investments, which is expected to contribute to the recovery and development of the Ukrainian economy.
This is reported by Kyiv24
According to Ukraine’s First Deputy Prime Minister and Minister of Economy, Yulia Svyrydenko,
“As agreed by President Volodymyr Zelensky and President Donald Trump, together with U.S. Treasury Secretary Scott Bessant, we signed an agreement to create the U.S.-Ukraine Investment Fund for Reconstruction”
. She added that this initiative includes a series of specific steps to ensure equal cooperation between the countries.
Mechanism of Operation and Protection of National Interests
The agreement stipulates that all natural resources of Ukraine, including those on its territory and in its waters, remain the property of the country. Ukraine independently determines what and where to extract. The Investment Fund is established on a parity basis — 50/50 between the USA and Ukraine, and its management is conducted jointly, without one party having an advantage over the other. Svyrydenko emphasized that there will be no changes in the privatization or management of state enterprises, such as “Ukrnafta” and “Energoatom.”
According to the agreement, all revenues from the fund’s activities will be generated exclusively from new licenses for the extraction of critical materials, oil, and gas. This will allow the fund to be replenished without involving old revenues or already planned budget receipts. At the same time, the agreement does not contain any debt obligations for Ukraine towards Russia.
Financial and Investment Aspects
To operate the fund, amendments to the budget code are necessary, and the document itself must be ratified by the Verkhovna Rada. The USA will facilitate the attraction of additional investments and the application of modern technologies through the DFC agency, which will support projects in the fields of extraction and processing of minerals. Importantly, the fund’s revenues and contributions are not taxed in either country, which will promote their increase.
The operational mechanism includes contributions from the USA, including financial assistance and air defense systems, as well as a portion of revenues from new licenses that will go to the Ukrainian budget. Ukraine, in turn, will make additional contributions as needed, and investments will be directed towards projects for mineral extraction and infrastructure facilities.
According to Svyrydenko, in the first 10 years, the fund’s profits will not be distributed but will be used for the implementation of new projects and recovery. All these measures are intended to strengthen Ukraine’s international image as a reliable and equal partner in long-term cooperation.