The Ukrainian government has approved an important decision that paves the way for signing a promising agreement between the country and the United States of America regarding the creation of a new Recovery Investment Fund
This historic decision was made on Wednesday under the leadership of Prime Minister Denis Shmyhal, who emphasized in his statement the key principles of this cooperation and its potential benefits for the Ukrainian economy. According to the Prime Minister, the agreement is based on five main principles that ensure equal conditions and transparency in all processes. First and foremost, Ukrainian and American parties agreed on equality in votes and rights in managing the fund: it will be established on a 50/50 partnership basis, meaning equal contributions and equal influence of both countries in making strategic decisions. This approach aims at building fair and mutually beneficial conditions for both sides. Another important aspect is maintaining control over subsoil resources, infrastructure, and natural resources. Ukraine is focused on preserving sovereignty over its natural wealth and does not permit foreign investors to interfere in key areas of state policy and management. A further key condition is the rejection of debt obligations. The new agreement will focus solely on attracting investments for the country’s development without additional burdens in the form of debts. This will help reduce financial pressure and ensure stable growth without overloading the budget. Regarding the investment component, the agreement guarantees protection for investors and buyers. The fund will invest in specific projects and guarantee commercial procurement of products under "take or pay" terms, meaning commitment to buy the products or pay a penalty, thus ensuring stability and transparency in operations. The most crucial aspect is alignment with Ukraine’s Euro-integration course. Signing this agreement will not hinder the country’s accession to full membership in the European Union; on the contrary, it will facilitate Ukraine’s integration into European structures and standards. As for technical details, it has become clear that the fund is planned to be financed by contributions from the U.S. and Ukraine. Investment profits will be reinvested exclusively into Ukrainian projects, which will help channel the received funds primarily toward the recovery and development of the country. Thanks to this agreement, Ukraine will be able to access significant financial resources for reconstructing infrastructure, residential complexes, and industrial facilities affected by military actions and other crises. Additionally, the cooperation will open doors for the introduction of modern technologies, innovative solutions, and strategic investments from American partners. This will be an important step towards economic growth and stability, laying a solid foundation for Ukraine’s further integration into European and global economic structures. Thus, the government-approved strategy for creating the investment fund represents a significant step toward addressing modern challenges and opportunities, opening new horizons for Ukraine’s recovery and development in partnership with leading global investors.