Russia Kiev: Ukraine and USA invest jointly in raw materials
The future reconstruction fund of the USA and Ukraine is to invest in projects for the extraction of minerals, oil and gas as well as in related infrastructure.
01.05.2025, 04:06
SDA
This was announced by the Ukrainian Deputy Prime Minister Yuli Svyrydenko after the signing of the economic agreement in Washington. "Ukraine and the United States will jointly determine the investment projects to be financed," she wrote on Facebook. Investments may only be made in Ukraine. In the first ten years, the fund should not distribute profits and revenues, but reinvest them.
Ukraine pays its share with future raw material licenses
To counter concerns in Ukraine about a possible sell-off, Svyrydenko emphasized that the fund would be operated on an equal footing with the USA. Ukraine would not pay its share of the fund from existing raw material projects, but would pay 50 percent of the income from future extraction licenses or raw material sales. The USA could provide its share with money, but also with new weapons deliveries - for example with air defense systems.
According to Svyrydenko, the agreement stipulates that Ukraine is not indebted to the USA due to the weapons and financial aid it has received in the three years of war since the start of the Russian invasion. According to the agreement, none of the partner countries will have to pay taxes on the fund's income.
