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US & Ukraine Establish Joint Reconstruction Investment Fund
US & Ukraine Establish Joint Reconstruction Investment Fund
Sputnik Africa
MOSCOW (Sputnik) - Ukrainian Prime Minister Denys Shmyhal announced on Wednesday that a minerals agreement with the US, including a joint investment fund and a... 01.05.2025, Sputnik Africa
2025-05-01T06:39+0200
2025-05-01T06:39+0200
2025-05-01T08:27+0200
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The United States and Ukraine have reached an agreement on establishing the joint Reconstruction Investment Fund, which, according to the Ukrainian government, is part of a broader minerals deal between the two countries, the US Treasury Department said.The Treasury and the US International Development Finance Corporation will work with the Ukrainian government to finalize "program governance and advance this important partnership," the statement added. At the same time, Bessent added that no state or person that allegedly financed the Russian military-industrial complex will be allowed to participate in the restoration of Ukraine.
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international, ukraine, united states (us), russia, us treasury, sputnik, agreement, politics, foreign policy, geopolitics
US & Ukraine Establish Joint Reconstruction Investment Fund
06:39 01.05.2025 (Updated: 08:27 01.05.2025) MOSCOW (Sputnik) - Ukrainian Prime Minister Denys Shmyhal announced on Wednesday that a minerals agreement with the US, including a joint investment fund and a 10-year development plan, would be signed within 24 hours.
The United States and Ukraine have reached an agreement on establishing the joint Reconstruction Investment Fund, which, according to the Ukrainian government, is part of a broader minerals deal between the two countries, the US Treasury Department said.
The Treasury and the US International Development Finance Corporation will work with the Ukrainian government to finalize "program governance and advance this important partnership," the statement added.
"This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term," US Treasury Secretary Scott Bessent claimed.
At the same time, Bessent added that no state or person that allegedly financed the Russian military-industrial complex will be allowed to participate in the restoration of Ukraine.
