Ukraine, together with the United States of America, is preparing to launch three new investment projects in the field of mineral extraction. They are planned to be implemented within the next 18 months as part of the American-Ukrainian Reconstruction Investment Fund.
This is reported by Business • Media
Plans for the Development of the Investment Fund
Prime Minister Yulia Svyrydenko announced preparations for the first meeting of the board of directors of this fund, scheduled for September. According to her, one of the main tasks is the prompt launch of the first three projects, as well as expanding the fund’s mandate to allow investment in the defense sector.
“We discussed the launch of the reconstruction investment fund. We are working on expanding its mandate so that the fund can also invest in the defense sector. The first board meeting is scheduled for September. The goal is to launch the first three projects within 18 months,” Svyrydenko informed.
Defense Cooperation and Attracting Investments
During the meeting between Yulia Svyrydenko and U.S. Treasury Secretary Scott Bessent, not only the issue of launching the fund was discussed but also the prospects for deepening cooperation in the fields of defense and investment. In particular, they talked about a new defense agreement announced by President Volodymyr Zelensky. It involves the establishment of production and export of Ukrainian drones, as well as the possibility of purchasing American weapons for Ukraine’s needs.
U.S. Chargé d’Affaires Julie Davis, commenting on the issue of attracting foreign investments, emphasized the importance of effective corporate governance and creating a favorable business climate. In her opinion, these factors are key to attracting American and other foreign investors to Ukraine. She expressed this position during a meeting with Ukraine’s Minister of Energy Svitlana Hrynchuk.