“The “US-Ukrainian Reconstruction Fund”, which is created within the framework of the Critically Important Cooperation Agreement, may start work a few months after its ratification in the Verkhovna Rada.”, – WRITE: www.pravda.com.ua
Source: The first Viceremier – Minister of Economy Yulia Sviridenko during a meeting with journalists in Washington, reports “Public”
Details: According to Sviridenko, the final launch of the Fund will be possible after ratification of the relevant intergovernmental agreement in the Verkhovna Rada.
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Sviridenko Direct Language: “Our task is to do it as soon as possible, but now it is very difficult to predict it. I think it will take months, definitely not years. We are talking about months. And of course we want to complete all other technical issues related to money.”
Details: According to the People’s Deputy Yaroslav Zheleznyak, the vote on ratification can be held during the plenary week on May 13-15. After that, two more additional agreements will be concluded – one regarding the creation of the fund as a legal structure and the other on the technical aspects of its activity.
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Prehistory:
- On the night of May 1, at the end of the hundredth day of Donald Trump, Ukraine and the US presidency, they signed the so -called “subsoil agreement”.
- On May 1, the Cabinet of Ministers of Ukraine submitted to the Verkhovna Rada a bill on ratification of the Agreement between Ukraine and the United States of America on the creation of a “US-Ukrainian Investment Fund for Reconstruction”.
- On April 30, the Prime Minister of Ukraine Denis Shmigal reported that the agreement on the use of Ukrainian resources would be subject to compulsory ratification in the Ukrainian Parliament, while in the US, Congress voting at this stage is not obligatory.