The Government of Ukraine has adopted a key decision that launches the practical implementation of the partnership between Ukraine and the United States – the Agreement on the Establishment of the American-Ukrainian Investment Fund for Reconstruction. The new mechanism defines clear algorithms for interaction between Ukrainian business, state institutions and American partners.
This was reported by the press service of the Ministry of Economy of Ukraine.
Thus, the Cabinet of Ministers of Ukraine adopted a Resolution on ensuring the implementation of the Agreement between the governments of Ukraine and the United States of America on the Establishment of the American-Ukrainian Investment Fund, ratified by the Verkhovna Rada of Ukraine in May 2025 (Law No. 4417-ИХ).
The document defines a clear algorithm for interaction between Ukrainian business, state institutions and American partners. The adopted Resolution creates a transparent model for investing in strategic sectors of the economy - in particular, the extraction and processing of critical minerals, energy, infrastructure and high technologies.
The Resolution details the types of infrastructure and subsoil projects that fall under the scope of the agreement, the mechanisms for their financing in cooperation with the Reconstruction Fund and the Public-Private Partnership Agency, as well as mandatory requirements for participants to attract investments and sell products and transparent rules for interaction with potential partners.
“This document is an important step in the practical implementation of the partnership between Ukraine and the United States. We are forming clear, predictable and mutually beneficial conditions for investments in strategic sectors, such as the extraction and processing of critical minerals, energy, infrastructure and high technologies. This will not only contribute to the development of Ukrainian business and the country’s integration into the supply chains of our partners, but will also strengthen the energy security and sustainability of our state,” said Deputy Minister of Economy, Environment and Agriculture of Ukraine Yegor Perelygin.
According to Perelygin, the government must then approve investment protocols, select an advisor and administrator of the fund, after which the implementation of specific projects will begin.
Separately, Ukraine has also agreed with the US State Department on additional financing for geological exploration. The amount accumulated in the fund is $150 million, of which $75 million is provided by Ukraine, and another $75 million by the US. This is a separate program, not related to the Reconstruction Fund. Its goal is to update geological data, most of which dates back to 1950-1980. The updated information will allow for a more accurate assessment of reserves and identification of the most promising areas for development.
Background
The Reconstruction Investment Fund (RIF) is a joint initiative of the governments of Ukraine and the United States aimed at attracting private capital to strategic sectors of the Ukrainian economy.
On April 17, the parties signed a memorandum confirming their intention to finalize and sign an agreement on the use of Ukrainian subsoil.
On May 8, the Verkhovna Rada of Ukraine ratified an intergovernmental agreement with the United States on the establishment of the American-Ukrainian Reconstruction Investment Fund.
According to the agreements, the management and replenishment of the fund will be carried out by both countries on a parity basis - in a ratio of 50 to 50. Ukraine will contribute its share at the expense of 50% of budget revenues from the sale of new licenses and rents for mineral extraction. The United States, in turn, will make contributions in cash or will count part of the new military assistance as a contribution to the fund.
It is expected that RIF's profits will begin to be distributed after the first ten years of its operation.
Photo: slovoidilo.ua
Author: Inna Mikhno