Quotes
It's too early to talk about money,
Zelensky said Wednesday, with details to be thrashed out later This means that no contradictions or inconsistencies with our European integration commitments will arise,
Based on this agreement, we can build partnerships, including very specific projects, such as graphite, which could potentially account for up to 10% of Europe's graphite consumption by 2030. We will make several announcements in March when I unveil the raw materials plan, including the first extractions and the Commission’s designation of certain projects submitted to us. But there is already an agreement between Ukrainians and Europeans, and even beyond this agreement, there are very concrete projects that will be implemented."
The question we were asked [during the visit of the European Commission delegation to Ukraine – ed.] was whether we should implement this agreement. And the response I gave to the Ukrainian government at the roundtable with my Commission colleagues was positive,
Séjourné said, detailing his negotiations with the Ukrainian authorities this week 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."
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."
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’
Government officials are currently working on the details. We are considering a visit to Washington on Friday (28 February) for the signing,
