Overview

• Ukraine has completed all domestic procedures required to activate the U.S.-Ukraine Reconstruction Investment Fund, including delivering an official note to the U.S. chargé d’affaires.
• The Verkhovna Rada has passed the first reading of a budget code amendment necessary for the fund’s implementation, marking a key legislative milestone.
• The fund is a 50/50 financing mechanism leveraging U.S. aid and Ukrainian mineral royalties to support Ukraine's post-conflict reconstruction.
• The agreement grants the U.S. preferential, though not exclusive, access to Ukrainian mineral permits, emphasizing strategic economic cooperation.
• The U.S. Embassy in Ukraine welcomed this development, underscoring its commitment to advancing the partnership and operationalizing the fund.