The funds will invest in the USA and Ukraine on projects for getting our country’s natural resources, ports and other infrastructure.
Ukraine and the United States have officially launched an investment fund as part of a subsoil agreement. This was reported by the Ministry of Economy on Friday, May 23.
It is indicated that first deputy prime minister Yulia Sviridenko received from temporary USA lawyer in Ukraine Julia Davis Remember, confirming the completion of internal procedures for US-Ukrainian investment funds.
Earlier, the Ukraine government moved its note, as well as the US International Financial Corporation (DFC) and the State Association agency for supporting public-private partnerships (PPP) signed two commercial partnerships agreements. So, from now on, the fund was launched.
“We have an equal agreement that reflects Ukraine’s national interests, provides for a joint management and investment in America. An agreement dedicated to the future in which the United States and Ukraine are equally partnerships invested in the restoration and development of our state,” Sviridenko said.
It is noted that the DFC and PPP will cooperate and invest in accelerating Ukraine’s economic recovery. The funds will invest in the USA and Ukraine on projects for the acquisition of natural resources, oils and gases, ports, as well as the corresponding infrastructure of our country.
In addition, the fund will contribute to the connections of Ukrainian companies with potential investors to resources, including the DFC, and work without time limit. However, every 10 years, the partners will examine its results.
Remember that on the night of May 1, the Ukraine and the United States signed an agreement on creating a combined investment fund of restoring with equal participation of both parties.
On May 8, Verkhovna Rada approved the subsoil agreement between Ukraine and the USA – the document was supported by 338 representatives of the people from all fractions and groups.
And on May 10, President Vladimir Zelensky signed a law on strengthening the subsoil agreement with the United States.
Rada will change the budget code for agreement with the United States
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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.