A PIONEERING COLLABORATION IN HISTORY: On April 30, under the stewardship of President Donald J. Trump, the United States and Ukraine forged a groundbreaking agreement, marking the inception of a unique partnership aimed at reconstructing and ensuring the long-term economic viability of Ukraine.
- This agreement epitomizes a fully collaborative endeavor between our nations, promising mutual benefits for both the United States and Ukraine.
- This partnership signifies the U.S. investing in the economic stability necessary to secure a free, peaceful, and sovereign future for Ukraine.
- Moreover, it aims to bolster the strategic alliance between the U.S. and Ukraine as they embark on a journey of reconstruction and modernization, a necessary response to the widespread devastation wrought by Russia’s full-scale invasion.
- The U.S. Treasury Department and the U.S. International Development Finance Corporation (DFC) will collaborate closely with the Ukrainian government to finalize governance structures and propel this crucial partnership forward.
- The DFC will coordinate with Ukraine’s State Organization Agency on the Support of Public-Private Partnerships, both entities backed by the enduring credit of their respective nations.
LONG-TERM BENEFITS FOR BOTH NATIONS: President Trump envisioned this partnership as a testament to the commitment of both Americans and Ukrainians to foster enduring peace and prosperity in Ukraine.
- This alliance will establish a fund that will channel 50% of royalties, license fees, and similar revenues from Ukraine’s natural resource projects.
- The generated funds will be reinvested in new initiatives within Ukraine, poised to yield long-term benefits for both American and Ukrainian citizens.
- As new opportunities are identified, resources from the fund can be promptly directed towards economic development, job creation, and other vital Ukrainian priorities.
- Additionally, indirect benefits will include a more vigorous private sector and robust infrastructure, laying the groundwork for Ukraine’s sustained success.
- The generated funds will be reinvested in new initiatives within Ukraine, poised to yield long-term benefits for both American and Ukrainian citizens.
- The partnership will be governed by a board comprising three representatives from Ukraine and three from the U.S., fostering a collaborative approach to decision-making regarding fund allocations, investments, and distributions.
- This structure will ensure the highest standards of transparency and accountability, allowing both the Ukrainian and American populations to reap the rewards of Ukraine’s reconstruction.
- Natural resource projects will encompass minerals, hydrocarbons, and related infrastructure development.
- Should the United States opt to acquire these resources, it will be granted first choice in either acquisition or in designating a preferred purchaser.
- This strategy underscores the principle that economic security is synonymous with national security, safeguarding critical resources from potentially harmful ownership.
- Significantly, this partnership sends a decisive message to Russia: the United States is not merely a bystander but an active participant, committed to the long-term success of Ukraine.
Moreover, no individual, entity, or state that has financially supported or supplied the Russian war apparatus will be permitted to benefit from the reconstruction efforts in Ukraine, including participation in projects funded by this initiative.
