The United States and Ukraine have set up a joint investment fund: where the money will go
Alexei Artemchuk — May 23, 8:10 p.m.
Mineconomics
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The US-Ukrainian Investment Fund officially launched in Ukraine on May 23.
About it reported press service of the Mineconomy.
Its launch became possible after the exchange of notes between the governments of the two countries and the signing of two commercial partnership agreements. The agreement was concluded by the International Finance Corporation for Development (DFC) and the State Agency for Public-Private Partnership Support (PPP).
"We are taking another step to strengthen and deepen relations with our strategic partner," — said First Deputy Prime Minister, Economy Minister Julia Sviridenko.
According to her, the document takes into account the interests of Ukraine and provides for equal management of the fund.
The fund will fund facilities in strategic sectors: natural resources, oil and gas, ports and infrastructure. In addition, it will facilitate the connection of Ukrainian companies with international investors, including DFC.
The fund will operate without a deadline, but its results will be reviewed every 10 years.
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Let's remind:
Minister of Economy of Ukraine Yulia Sviridenko and Minister of Finance of the United States signed agreement on minerals.
The future joint investment fund of Ukraine and the United States will be eligible invest both in the development of mineral deposits and in infrastructure.
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