Ukraine and US Reach Agreement on Reconstruction Investment Fund
Ukraine and the US will jointly manage a Reconstruction Investment Fund for Ukraine's rebuilding.
Ukraine will contribute 50% of future revenues from natural resources to the Fund.
The US will contribute funds, financial instruments, and other assets to the Fund.
The Fund will invest in projects to rebuild Ukraine.
The agreement is preliminary and subject to further negotiation.
The agreement was reached during discussions between Prime Minister Shmyhal and the US government.
The Fund will be managed on an equal footing by Ukraine and the US.
The agreement is contingent on security guarantees from the US.
The agreement is preliminary and will be further developed with the involvement of international lawyers.
The agreement will be signed by government representatives after Presidents Zelensky and Trump agree on security guarantees.
President Zelensky emphasized the importance of security guarantees from the US for Ukraine's survival.
Trump's son advocated for supplying weapons to Russia instead of Ukraine.
The Ukrainian Cabinet of Ministers approved the signing of the agreement.
The agreement includes six key positions outlining the Fund's structure and operation.
The EU and UK are discussing the creation of a military spending bank to support Ukraine's defense needs.
This information is based on the provided text and may not be exhaustive. Please refer to official sources for the most up-to-date information.
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