She said that she informed Julie Davis about this temporary US attorney in Ukraine.
“We can safely say that it was possible to fulfill the task that President Vladimir Zelensky set before our negotiating team, because we have an equal agreement aimed at the future. An agreement that respects the national interests of Ukraine, which provides for joint management and investment with America,” the minister explained.
Sviridenko emphasized that there are no debt provisions in the agreement, but there are obligations to invest exclusively in Ukraine.
“This is another clear signal: Ukraine on the way to strategic investment,” she added.
Context
The agreement on Ukrainian resources Ukraine and the United States signed on April 30. The document provides for the creation of a general investment fund with an equal distribution of participation – 50/50. Fund funds will be invested only in Ukraine – in mining, oil, gas, infrastructure and processing projects. At the same time, the full control of subsoil and resources remains with Ukraine, as well as the right to determine the conditions for the use of national resources.
On May 1, US President Donald Trump said that the United States promises an agreement with Ukraine on minerals, which significantly exceeds invested funds.
Zelensky said that this is an equal agreement that creates an opportunity for investment in the country.
On the same day, the Cabinet of Ministers of Ukraine published on its official website the text of the agreement with the United States on the subsoil In Ukrainian and English. It provides, in particular, the extraction of 57 types of minerals and contains guarantees that the agreement will not contradict Ukraine’s agreements with the EU and the desire of Ukraine to enter. Also, the parties will not be accrued on income from the partnership of any duties or taxes.
The Verkhovna Rada of Ukraine ratified the agreement on May 8, Zelensky signed the law on ratification of the agreement on Ukrainian subsoil.
