On May 2nd, the First Deputy Prime Minister and Minister of Economy of Ukraine announced that the “US Ukraine Reconstruction Investment Fund” agreed upon by the US and Ukraine on April 30th, also known as the “US Ukraine Mineral Agreement,” has been submitted to the Ukrainian parliament. According to the Ukrainian International News Agency on the 2nd, the Verkhovna Rada (parliament) of Ukraine will hold a special session on May 8th to review and vote on the agreement reached between the United States and Ukraine. Sviridenko stated that if the parliament passes smoothly, the “US Ukraine Reconstruction Investment Fund” is expected to officially operate within one to one and a half months. The Ukrainian side hopes that the fund will be launched as soon as possible and sees it as an important tool to promote Ukraine’s economic recovery.
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