The US will contribute  weapons, but how will the Investment Fund for the Reconstruction of Ukraine work?

The US plans to supply weapons to Ukraine in addition to direct funding, and this may also encompass new military assistance, such as air defense systems for Ukraine. Meanwhile, Ukraine will contribute 50% of state budget revenues from rent for new licenses in new explored areas. Ukraine may also make additional contributions.

“The fund will then invest in projects for mineral extraction and oil and gas, as well as in related infrastructure or processing. The specific investment projects to which the funds will be allocated will be determined in collaboration between Ukraine and the US. The fund can invest only in Ukraine. It is anticipated that for the first 10 years, the profit and revenue from the fund will not be distributed but will only be invested in Ukraine – either in new projects or reconstruction. These conditions will be further discussed,” said the Minister of Economy Yulia Svyrydenko.

The document signed on April 30 includes a list of 57 minerals, the extraction of which is covered by the agreement. This list can only be expanded by mutual agreement of the parties.