The draft agreement states that the US and Ukraine “intend to set up an investment fund in the reconstruction as part of an economic alliance between the two population and the two governments.”
Ukraine and the United States want to reach an agreement for the operation of mineral resources before 26 April and from that date “as quickly as possible” sign, according to the text of the Memorandum of Intention, signed the EVE and published by the Ukrainian Ministry of Economy.
For this, the Ukrainian Prime Minister, Denís Shmigal, will travel to the American capital next week to meet the American Minister of Finance Scott Bervent.
The end of the journey is to conclude the technical discussions about the investment fund for the reconstruction of Ukraine that will be created within the framework of the agreement.
Negotiating teams must inform about progress before 26 April, with the intention of “completing conversations before that date and signing as quickly as possible” the agreement, as laid down in the text of the Memorandum. Then the supreme (parliament) of Ukraine and the American congress must approve.
The Memorandum collects that the US and Ukraine “intend to set up an investment fund in the reconstruction as part of an economic alliance between the two population and the two governments.”
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
