Quotes
The fund is jointly managed by the governments of Ukraine and the United States, and the income that is paid into the fund will be reinvested. In other words, the fund will work on a certain spiral of reinvestment in Ukraine. The funds that this fund will invest and earn will be reinvested again and again in the restoration and further development of our country."
Ukraine's contribution is a part of our future revenues, which is very important, not existing or previous ones. The future revenues received by Ukraine from rents or licences for minerals, from dividends on infrastructure used for the transportation or extraction of the relevant minerals will be Ukraine's contribution, 50% of such revenues will be invested in this joint fund for the restoration of Ukraine with the United States."
This agreement takes into account the interests of our European integration, as well as our cooperation with international financial organisations… ... The legal text of the agreement states that ‘in developing an agreement on the establishment of an investment fund, the participants, that is, the governments of the United States and Ukraine, should avoid conflicts with Ukraine's obligations as part of its accession to the European Union’
The Government of the United States of America intends to provide a long-term financial commitment to the development of a stable and economically prosperous Ukraine,
states a draft of the agreement obtained by Axios
