The Memorandum with the US provides for a visit by Prime Minister Denys Shmyhal to Washington on April 21-27 to complete discussions on the Agreement on the creation of an investment fund for the reconstruction of Ukraine. This is stated in the Memorandum, the text of which was published on the website of the Cabinet of Ministers, the Ukrainian News agency reports.
"Whereas, without prejudice to any remaining political or legal procedures required to complete the arrangement, Ukrainian Prime Minister Denys Shmyhal will visit Washington, D.C. the week of 21 April 2025 to meet with US Treasury Secretary Bessent and lend high-level support to the conclusion of technical discussions on the terms of an agreement establishing a reconstruction investment fund,” the document states.
The negotiating teams are expected to report on progress by April 26 with the goal of concluding discussions by that date and signing the agreement as soon as possible.
The memorandum notes that the United States has provided significant financial and material support to Ukraine since russia’s full-scale invasion of Ukraine in February 2022; the American people desire to invest with the Ukrainian people in a free, sovereign, and secure Ukraine; the United States and Ukraine desire lasting peace in Ukraine and a strong partnership between their peoples and governments.
The document also states that the United States and Ukraine intend to establish a reconstruction investment fund as part of the economic partnership between the two peoples and governments; and the United States respects Ukraine’s intention to avoid conflicts in developing an agreement with Ukraine’s commitments to join the European Union or agreements with international financial institutions and other official creditors.
As the Ukrainian News agency earlier reported, on April 17, Ukraine and the United States signed a memorandum of intent to conclude an agreement on economic partnership and the creation of a reconstruction investment fund.
US President Donald Trump suggested that an agreement on Ukrainian minerals could be signed as early as next week.
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