Ukraine and the United States will establish a U.S.-Ukraine Reconstruction Investment Fund to attract global investments into the country. The relevant agreement was signed on Wednesday in Washington by First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko and U.S. Treasury Secretary Scott Bessent.

„The Fund will be financed exclusively through revenue from NEW licenses – specifically, 50% of the proceeds from new licenses for critical materials and oil and gas projects that will flow into the budget after the Fund‘s creation. Revenues from already launched projects or budgeted income will not be included in the Fund,“ Svyrydenko wrote in a Facebook post.