May 13, 2025
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UKRAINIAN NEWS

The Council has supported changes to the Budget Code to launch a subsoil agreement with US

The Verkhovna Rada supported the Law on Amendments to the Budget Code for the implementation of the Agreement on Makes between Ukraine and the United States.

About it reported The first deputy head of the Verkhovna Rada Committee on Tax and Customs Policy Yaroslav Zheleznyak (Voice).

286 people’s deputies voted for the relevant bill No. 13256 in the first reading.

Changes to the Budget Code are needed To fill the US-Ukrainian investment fund, established within the bilateral agreement.

The Ukrainian contribution to this fund will be formed from 50% of the income received after the entry into force of the agreement, from:

  • rent, gas, gas, gas condensate and other minerals from new licenses;
  • Issuing New special permits for the use of subsoil;
  • realization of state products of products for new products distribution agreements.

These funds will be counted in the special fund of the State Budget, from which, by the decision of the chief manager (probably the Ministry of Economy), will be transferred to the reconstruction fund.

According to the Chairman of the Budget Committee of the Verkhovna Rada Roksolana Podlas, if the agreement has been in force since 2019, the contribution of Ukraine to the Fund could be more than UAH 3 billion in 5 years.

The second reading of the bill is expected in early June.

Also read: Cat in a bag? What precisely the focus agreement with the US

Recall:

On May 1, Minister of Economy of Ukraine Yulia Sviridenko and US Finance Minister signed mineral agreement.

“Together with US Finance Minister Scott Bessant, she signed an agreement on the creation of an investment fund of US -Ukraine reconstruction,” Sviridenko wrote.

The Ministry of Economy of Ukraine has released the text of the Memorandum from the United States on the completion of the official agreement on the economic partnership and the investment fund for reconstruction. The text was published On the Ministry of Economy website.

Yes, it is said that the agreement will provide for the creation of the Investment Fund for Ukraine.

May 8 Verkhovna Rada She voted for ratification of the Agreement on the Creation of a Joint Investment Fund between Ukraine and the United States. 338 deputies voted. None of the people’s deputies refrain or mind.

May 12 Zelensky signed ratification of the Nadra Nadra Agreement.

”, – WRITE: epravda.com.ua

The Verkhovna Rada supported the Law on Amendments to the Budget Code for the implementation of the Agreement on Makes between Ukraine and the United States.

About it reported The first deputy head of the Verkhovna Rada Committee on Tax and Customs Policy Yaroslav Zheleznyak (Voice).

286 people’s deputies voted for the relevant bill No. 13256 in the first reading.

Changes to the Budget Code are needed To fill the US-Ukrainian investment fund, established within the bilateral agreement.

The Ukrainian contribution to this fund will be formed from 50% of the income received after the entry into force of the agreement, from:

  • rent, gas, gas, gas condensate and other minerals from new licenses;
  • Issuing New special permits for the use of subsoil;
  • realization of state products of products for new products distribution agreements.

These funds will be counted in the special fund of the State Budget, from which, by the decision of the chief manager (probably the Ministry of Economy), will be transferred to the reconstruction fund.

According to the Chairman of the Budget Committee of the Verkhovna Rada Roksolana Podlas, if the agreement has been in force since 2019, the contribution of Ukraine to the Fund could be more than UAH 3 billion in 5 years.

The second reading of the bill is expected in early June.

Also read: Cat in a bag? What precisely the focus agreement with the US

Recall:

On May 1, Minister of Economy of Ukraine Yulia Sviridenko and US Finance Minister signed mineral agreement.

“Together with US Finance Minister Scott Bessant, she signed an agreement on the creation of an investment fund of US -Ukraine reconstruction,” Sviridenko wrote.

The Ministry of Economy of Ukraine has released the text of the Memorandum from the United States on the completion of the official agreement on the economic partnership and the investment fund for reconstruction. The text was published On the Ministry of Economy website.

Yes, it is said that the agreement will provide for the creation of the Investment Fund for Ukraine.

May 8 Verkhovna Rada She voted for ratification of the Agreement on the Creation of a Joint Investment Fund between Ukraine and the United States. 338 deputies voted. None of the people’s deputies refrain or mind.

May 12 Zelensky signed ratification of the Nadra Nadra Agreement.

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