Prime Minister of Ukraine Denis Shmigal will visit Washington during the week, starting on April 21, 2025, to meet with the US Finance Minister Scott Bessent and to support a high level of completion of technical discussions on the terms of the agreement on the establishment of an investment fund of reconstruction.
“The negotiating groups are expected to report progress by April 26, 2025 to complete the discussions by that date and signing as soon as possible,” – It is in a memorandum The intentions between the Governments of Ukraine and the US on the preparation of the official agreement on the Economic Partnership and the Investment Fund of Reconstruction, which was published on the Ukrainian Government website on Friday and was signed the day before the first Vice Prime Minister-Minister of Economy Yulia Sviridenko and the Minister of Finance Bessent.
According to the document, the US and Ukraine intends to establish an investment fund of reconstruction within the framework of an economic partnership between two peoples and governments and conducted sufficiently constructive technical negotiations in Washington on April 11-12 this year.
The Memorandum states that the parties have taken into account the significant financial and material support of Ukraine since the full -scale invasion of Russia in February 2022, the desire of the American people together with the Ukrainian people to invest in free, sovereign and safe Ukraine, the desire of the United States and Ukraine and Ukraine. Ukraine has made the strengthening of international peace and security, voluntarily abandoning the third largest arsenal of nuclear weapons in the world.
“The United States respects Ukraine’s intention to avoid conflicts in the development of an agreement with the obligations of Ukraine to join the European Union or agreements with international financial institutions and other official creditors,” the document also noted.
The Schmigal’s visit to the Memorandum states that it will happen “without prejudice with regard to any political or legal procedures required to complete the arrangements.”
“So, as a result, as certified by the signatures stated below, the US and the Government of Ukraine conclude this memorandum of intentions to work quickly on completing the preparation of the necessary documents for the final conclusion of the Economic Partnership Agreement between the US and Ukrainian peoples and the creation of an investment fund.
As it was reported, US President Donald Trump reported the day before that the agreement could be signed on the next Thursday, April 25, and Sviridenko noted that this agreement would be subject to ratification by parliaments of both countries.
The so -called “spring meetings” of the International Monetary Fund and the World Bank will also be held in Washington, which will work with a Ukrainian delegation headed by Finance Minister Sergei Marchenko and NBU Chairman Andriy Pishny. The seventh ministerial round table for Ukraine support will be held within their framework.
