“On Wednesday, the Government made the decisions necessary to sign an agreement between Ukraine and the United States to establish an investment fund of reconstruction. Source: Prime Minister of Ukraine Denis Schmigal Direct Language: “Five key principles are at the heart of the agreement: Equality.”, – WRITE: www.pravda.com.ua
Source: Prime Minister of Ukraine Denis Shmigal
Straight language: “Five key principles are based on the agreement:
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- Equality. The fund is created on the basis of 50/50 and both parties have an equal right of voice.
- Save control. Ukraine retains full control over subsoil, infrastructure and natural resources.
- New investments, not debts. The agreement does not provide for any debt.
- Investors and buyers are guaranteed. The Fund will invest in projects and will guarantee commercial purchases of products on terms of “Berry or Pay”.
- Consistency with the European integration course. The agreement will not be obstacles to Ukraine’s EU membership. “
Details: According to Shmigal, the Fund will be filled with contributions to the US and Ukraine. The funds of the Fund will be reinvested exclusively to Ukraine.
Through this agreement, Ukraine can attract significant resources for reconstruction, start economic growth, get the latest technologies from partners and a strategic investor in the US.