'Tens or Hundreds of Billions of Dollars': Shmyhal Reveals Details of Investment Agreement with the USA.

The Cabinet of Ministers of Ukraine submitted to the Verkhovna Rada the agreement with the United States on the establishment of an Investment Reconstruction Fund for ratification. Prime Minister Denys Shmyhal reported this in the official Telegram channel and during a speech from the parliamentary podium.

An Investment Reconstruction Fund is being created, which is managed equally by Ukraine and the USA. No party will have any advantages in it. All decisions are made jointly.

The Prime Minister emphasized that this mechanism is a tool for attracting investments, not for transferring assets. 'All Ukrainian natural resources remain with Ukraine,' he noted. According to the agreement, the fund will be filled by both countries in a 50 to 50 ratio. The American side will make cash contributions or provide new military assistance. Importantly, during the first 10 years, all profits will be reinvested in Ukraine. Among the key features of the fund is guaranteeing commercial purchases on 'take or pay' terms, which will ensure stable demand for products. In addition, cutting-edge technologies from the USA and Europe will be attracted through the American DFC agency. Shmyhal noted that there are no references to Ukraine's debt obligations in the document. 'The Fund's income is not taxed by the United States and Ukraine. Critical minerals exported to the USA are not subject to duties, which provides unique opportunities for trade development under current conditions,' he explained. According to the preliminary agreement, the fund will be registered in the USA but will operate in Ukraine. 'The main account where Ukraine will deposit its contribution will be opened in Ukraine in hryvnias. This is an important point,' emphasized the Prime Minister.

The agreement is indefinite, but after 10 years, the parties can terminate it by mutual consent. At the same Time, the head of government expressed hope that it will work for 'tens of years.'

Shmyhal emphasized that the agreement covers the entire sovereign territory of Ukraine, and an exclusive list of subsoil resources will be outlined in the appendix. The head of the government assessed the potential investment volume: 'This Fund will be exclusively investment-oriented, or as such entities are called, a direct investment fund. It is too early to evaluate the volume now, but I am confident that it will amount to tens, possibly hundreds of billions of dollars.' He also noted that when creating the fund, the experience of similar American initiatives in other countries in the 21st century was analyzed, which became 'breakthrough investment tools.' As reported, Ukraine and the USA signed an agreement to establish the Investment Reconstruction Fund after prolonged negotiations on April 30. The signatures on the document were put by the First Deputy Prime Minister - Minister of Economy of Ukraine, Yulia Svyrydenko, and the US Secretary of the Treasury, Scott Bessent. Analysis: Ukraine and the USA signed an agreement to create the Investment Reconstruction Fund. The Fund will be jointly managed by both countries on an equal basis without advantages for either party. The main goal of the fund is to attract investments, not to transfer assets. The agreement stipulates a 50 to 50 distribution of the Fund's filling between Ukraine and the USA. During the first 10 years, all profits will be reinvested in Ukraine. The Fund will guarantee stable demand for products through 'take or pay' purchase terms and will attract cutting-edge technologies from the DFC agency. The agreement covers the entire sovereign territory of Ukraine and is not related to debt obligations. According to the agreement, the fund will be registered in the USA but will operate in Ukraine. Prime Minister Denys Shmyhal assessed the potential investment volume for the fund and emphasized the unique opportunities for trade development with the USA.