Ukraine sign a contract on minerals with Washington
AdvertisementWashington and Kiev on Wednesday signed an agreement to provide US access to the vast mineral resources of rare land in Ukraine. A contract has been in construction for several months and can ensure that Kiev continues military support.
Ukrainian Deputy Minister Yulia Swiridenko signed on behalf of the government on Wednesday, a document for the creation of an investment fund for the US-ACT Reconstruction. The agreement is aimed at creating an environment that promotes more economic growth for both countries.
“We are creating a backdrop for our country to attract global investment,” X.
There are many variables in this contract, which are described in a long line of releases in a long row of Swirideenco.
All resources defined as Ukraine’s territory are both terrain and sea under the Ukrainian control and property.
Kiev also has the right to decide what and where to be extracted, emphasizing that the soil is the right of the state, a word sacred in the contract.
The background will be created on the 50-50 floor and managed by Ukraine and the United States. There will be no majority of votes in any parties, which reflects the equality federation in terms of mutual gain, cooperation and respect.
This agreement has not imposed any changes in the category of the company’s legal records. Public corporations such as Ukrnafa and Energyatom will continue to be the property of the state.
This document does not mention any financial obligations from Ukraine to the United States.
The agreement came after US President Donald Trump abandoned Washington to repay Washington from the Ukraine invasion of Russia in February 2022.
Ukrainian Prime Minister Denis Schmihal welcomed this feat and called him a victory because Trump had previously demanded $ 500 billion (442 billion euro) rare land revenue.
Enforcing the contract will increase the economic capacity of the two countries through joint cooperation.
Do not interfere in coordination in the EU
This agreement is according to the Constitution of Ukraine and does not change the course of European integration. This document is compatible with national law and is not contrary to the international duties of Ukraine.
Kiev expects the contract that refers to other countries to promote the aim of cooperating with allies and establishing long -term contracts for the coming decades.
Critical and oil and gas products will be transferred from new licenses to projects in the industry after making half the funds.
AdvertisementThe ongoing project income or budget revenue is not included in the background.
Washington Kie should help to attract more investment and technology for this agreement. The fund will directly support this fund by the US International Development Finance Corporation (TFC).
The DFC will help to attract new investments and technologies of companies and funds from the US and the European Union and other countries that support Kiev’s struggle against Moscow.
Ukraine considers that technology is underlined as an important component of the contract because it is important to ensure not only capital but also innovation.
AdvertisementIncome generated by funds will not be taxed
Fund incomes and contributions will not be taxed in the US or Ukraine so that investments will make the best results for both sides.
Both countries will contribute equal parts to the fund. In addition to direct funds, Swiridenko says it can choose additional support in the form of weapons such as the Washington Air Security Systems.
Kiev will play his share, and the revenue generated by new rental and licenses will return if necessary.
General funding will invest capital in mineral and natural resources and other related infrastructure.
AdvertisementSpecific investment plans will be decided together by Ukraine and the United States. However, the contract is that these investments must be made exclusively in Ukraine.
In a video released in Scott Bession X, UNETTS Treasury Secretary, “Allows the United States to invest with Ukraine, open Ukraine’s developmental assets, to improve Ukraine’s investment environment and accelerate the economic recovery of Ukraine.”
The two countries say the deal is designed to be a long -term joint investment, which has been planned for the past decades.
