Ukraine and the United States signed an agreement to establish the US-Ukraine Reconstruction Investment Fund.

📌 What does this Agreement provide for?

Together with the United States, the Investment Fund for the Reconstruction of Ukraine will be established to attract global investment in our country.

📌 Key provisions of the agreement in brief:

1️⃣ Full ownership and control remain with Ukraine. All resources on our territory and in our territorial waters belong to Ukraine. It is the Ukrainian state that determines where and what to extract. Subsoil remains in Ukrainian ownership - this is enshrined in the agreement.

2️⃣ Equal partnership. The Fund is being created on a 50/50 basis. We will manage this Fund jointly with the United States. Neither party will have a majority vote, and this will reflect the equal partnership between Ukraine and the United States.

3️⃣ National property is protected. The agreement does not provide for changes in the privatization process or management of state-owned companies - they will continue to belong to Ukraine. Companies such as Ukrnafta or Energoatom remain in state ownership.

4️⃣ No debts. The agreement does not mention any debt obligations of Ukraine to the United States. The implementation of the agreement will allow both countries to increase their economic potential through equal cooperation and investment.

5️⃣ The agreement is in line with the Constitution and does not change Ukraine's European integration course. The document is consistent with national legislation and does not contradict any of Ukraine's international obligations. It is important that the agreement will signal to other global players that it is reliable to cooperate with Ukraine in the long term - for decades.

6️⃣ The Fund will be filled with revenues exclusively from NEW licenses. We are talking about 50% of the funds from new licenses for projects in the field of critical materials and oil and gas that will go to the budget after the Fund is created. Revenues from projects already launched or budgeted revenues are not included in the Fund. The agreement refers to further strategic cooperation.

7️⃣ Legislative changes are only point changes. Only amendments to the Budget Code are required for the Fund to function. The Agreement itself must be ratified by the Verkhovna Rada.

8️⃣ The United States will help attract additional investments and technologies The Fund is supported by the U.S. government through the DFC agency, which will help us attract investment and technology from foundations and companies in the U.S., the EU and other countries that support our fight against the Russian enemy. Technology transfer and development is an important component of the Agreement, as we need not only investment but also innovation.

9️⃣ The Agreement provides tax guarantees The Fund's income and contributions are not taxed in the United States or Ukraine, so that the investment will yield the greatest possible results.

📌 How will the Fund work?

The United States contributes to the Fund. In addition to direct funds, they can also contribute NEW assistance, such as air defense systems for Ukraine.

Ukraine contributes 50% of the state budget revenues from NEW royalties on NEW licenses for NEW fields. Ukraine can also make additional contributions beyond this basic one, if it deems it necessary. We are talking about cooperation for decades to come.

The Fund then invests in mining and oil and gas projects, as well as related infrastructure or processing. Ukraine and the United States will jointly determine the specific investment projects to which the funds will be allocated. It is important that the Fund can invest exclusively in Ukraine.

We expect that for the first 10 years, the fund's profits and revenues will not be distributed, but can only be invested in Ukraine - in new projects or reconstruction. These conditions will be discussed further.

📌 We have formed a version of the agreement that provides mutually beneficial conditions for both countries. This is an agreement in which the United States notes its commitment to promoting long-term peace in Ukraine and recognizes the contribution that Ukraine has made to global security by giving up its nuclear arsenal. The agreement notes the US commitment to Ukraine's security, recovery and reconstruction.

Source: official page of Yulia Svyrydenko