The Cabinet of Ministers of Ukraine has made the decisions necessary to sign an agreement between Ukraine and the United States of America on the production of minerals. It happened on February 26, and Prime Minister Denis Shmigal noted that the result of negotiations is a significantly improved agreement compared to the original option. The main achievement was the removal of the $ 500 billion debt point and the requirements according to which Ukraine should give two for every dollar of the new assistance.
In particular, the Agreement provides for the creation of a joint investment fund of reconstruction that will belong and governing the governments of both countries. An important condition is to maintain Ukraine's control over its subsoil and natural resources-they remain owned by Ukraine and not transferred to the US or any other states.
With regard to financing, Ukraine will enter 50% of future revenues from the use of its natural resource assets, and the United States will provide funding in the form of funds, financial instruments and other critical assets. All the funds raised will be invested exclusively in projects that will facilitate the reconstruction of Ukraine.
The agreement also takes into account Ukraine's obligations within the European integration process, which opens new opportunities for the country's economic development. Shmigal stressed that the signing of the agreement will bring double benefit for Ukraine - attracting US investments and technologies to rebuild and create resources for strategic projects that will promote the well -being of every Ukrainian.
