The money received will be credited to the Special State Budget Fund and transferred to the Recovery Fund.
The Verkhovna Rada has finally approved the law regarding amendments to the budget code for implementing an agreement with minerals between Ukraine and the USA. This was announced by MP Yaroslav Zheleznyak on Telegram on Wednesday, June 4.
According to him, the corresponding Bill No. 13256 In the second reading is supported by 309 human representatives.
“The Rada approved the amendments to the budget code for implementing the fossil agreement. Through the second reading, nothing has changed in the text,” he wrote.
Zheleznyak recalled that, according to the terms of the agreement, the contribution of Ukraine consists of half of the funds received after entering the force of the agreement from:
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annuity for mining (oil, gas, gas condensate and all that is indicated in the appendix “A” to the agreement) from new licenses;
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release of new special resolutions for subsoil use;
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The sale of the state’s part of the products under new selves in dividing the products.
This money will be credited to the Special State Budget Fund and, by the decision of the main manager, has been moved to the Recovery Fund.
Also, Zheleznyak noted that the government refused to submit to the people’s representatives to familiarize yourself with two additional agreements on the basic agreement of creating a US – Ukraine recovery investment funding fund.
As you know, on the night of May 1, Ukraine and the United States have signed an agreement on creating an integrated investment fund of restoration 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. On May 10, President Vladimir Zelensky signed a law on strengthening the subsoil agreement with the United States.
And on May 23, the Ukraine and the United States officially launched an investment fund as part of a subsoil agreement. The funds will invest in the USA and Ukraine on projects for getting our country’s natural resources, ports and other infrastructure.
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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.