US reconstruction fund may include investments in Ukrainian ports

Minister of Economy Yulia Svyrydenko explained how the Investment Fund will work within the framework of the “minerals agreement” between Ukraine and the United States.
Svyrydenko and members of the negotiating team that worked on the agreement spoke about this in an interview with RBC-Ukraine.
According to Svyrydenko, over the next 10 years, the Fund will invest in Ukraine in projects related to critical materials, oil, gas, as well as infrastructure (ports and terminals).
In Washington, Yulia Svyrydenko signed one agreement – on the establishment of the Fund. It is this one that is to be ratified on Thursday, May 8. The remaining agreements will be of a commercial nature and will no longer be signed by the government. The signatory on the Ukrainian side is the Agency for the Support of Public-Private Partnerships (PPP), on the US side – the International Development Finance Corporation (DFC).
The document provides for the distribution of profits only after 10 years, until then – only investments and only in Ukraine. At the time of signing, the shares in the Fund in Ukraine and the United States are the same – 50/50. Further, there is an opportunity to make additional contributions.
On April 30, Ukraine and the United States signed an agreement on economic cooperation, which provides for the creation of an investment Fund. To launch it, it will be necessary to sign two more documents, the drafts of which are still being prepared. As early as May 8, the text of the agreement is expected to be ratified by the Verkhovna Rada.
Earlier, USM reported that within the framework of the old agreement on minerals, Donald Trump wanted full control over Ukrainian ports.
Photo: RBC-Ukraine.