Photo: Cabinet of Ministers of Ukraine
Ukraine is taking another strategic step towards economic recovery: The Cabinet of Ministers has instructed the Ministry of Justice and the Ministry of Economy to engage international consultants to prepare for negotiations with US advisers on the establishment of the Reconstruction Investment Fund.
This refers to a future agreement to be concluded with the United States after the final approval of the Critical Minerals Agreement. This step, according to government officials, should strengthen investment mechanisms for recovery and ensure the protection of state interests in the jurisdictional plane.
“The Ministry of Economy and the Ministry of Justice should immediately ensure that consultants are engaged by 15 April… to prepare Ukraine’s negotiating positions,” reads Government Order 316-r of 8 April.
More than UAH 113 million has already been allocated for consulting services from the state budget reserve fund, of which UAH 59 million is received by the Ministry of Economy and UAH 54 million by the Ministry of Justice.
These funds will be used for legal and expert support in formulating Ukraine’s position, taking into account the specifics of US and Ukrainian legislation. In particular, the Ministry of Justice has officially received an expanded mandate to engage foreign legal advisers to support international transactions, including potential disputes in foreign jurisdictions.
This decision is a landmark vector in Ukraine’s transformation from an aid recipient to a full-fledged partner in its institutional and economic reconstruction.
