“Alexei Sobolev with representatives of the United States visited the Kirovograd region, where the prospects for the starting projects of the Investment Fund of Reconstruction of Ukraine were evaluated”, – WRITE: www.radiosvoboda.org
According to the Minister, he, together with the US International Development Finance Corporation, visited Kirovograd to evaluate the investment capabilities of production and processing in the region.
Sobolev noted that during the visit they examined the Birzulsky GOK and doctors’ field – promising sites that are considered for the portfolio of the funds of the Fund.
“It is primarily extracted from titanium ores and the production of zirconium ores is also planned in the future. There are also potential deposits of Hafnium – one of the rare earth metals used in nuclear energy, the aerospace industry and not only, ”he wrote on Facebook, adding that such visits are important to evaluate” potential on the ground, take into account all aspects of future investments. ”
On April 30, Ukraine and the United States signed an Economic Partnership Agreement and the establishment of an investment fund of reconstruction. According to the Ministry of Economy of Ukraine Yulia Sviridenko, the document, among other things, stipulates that full property and control remain under Ukraine, the Fund is created 50/50, no debt of Ukraine to the United States, the agreement will be an obstacle to Ukraine’s accession to the European Union, and the fund will be filled with revenues exclusively.
The Agreement on the US-Ukrainian Investment Fund of Reconstruction officially came into force in May, after the transfer of diplomatic note of the United States.