Subsoil Agreement: Ukraine and the United States decide how to launch a reconstruction fund this year
Minister of Economy of Ukraine Yulia Sviridenko and US Finance Minister Scott Bessent when signing a mineral agreement, photos: Facebook/Yulia.svyrydenko
Minister of Economy of Ukraine Yulia Sviridenko stated that Ukraine and the United States have discussed how to make the investment fund of reconstruction under the so -called « subsoil agreement » has been working this year.
Source: “European Truth” With reference to is Reuters
Details: The Ukrainian Minister, who is currently visiting Washington, also noted that the first meeting of the Fund is expected in July.
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Sviridenko held a meeting with the US Finance Minister Scott Bessent and the corporation of development funding that will be partner of the Foundation.
« We have discussed very specific steps on how to make this fund work during this year, » she told reporters.
According to Sviridenko, at the first meeting of the Board of this Fund in July plan to discuss « what will be the starting capital to start the work of this fund. »
« And, in fact, we must also accept an investment strategy for this fund for the next few years, » she added.
What was before:
- Verkhovna Rada on May 8 She voted for ratification the so-called « subsoil agreement » with the US and the creation of the Ukrainian-American Investment Fund of Reconstruction. President Volodymyr Zelenskyy signed The relevant law on May 12.
- May 13 Ukraine signed two commercial agreements with the International Financial Corporation of the USA in the development of a ratified agreement on the establishment of the Ukrainian-American Investment Fund.
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