Yulia Svyrydenko. Photo: Hollie Adams-Bloomberg/Getty Images
The Reconstruction Investment Fund, established under the agreements between Ukraine and the United States, may start operating by the end of 2025. This was reported by First Vice Prime Minister and Minister of Economy Yulia Svyrydenko in an interview with Reuters during her visit to Washington.
“We discussed very specific steps to make the fund operational this year,” Svyrydenko said after meeting with U.S. Treasury Secretary Scott Bessent and representatives of the U.S. Development Finance Corporation (DFC), which will be a partner in the fund.
The first meeting of the fund’s board is expected to take place in July:
- approve the initial capital;
- adopt an investment strategy for several years;
- set priorities – graphite, lithium, titanium.
The Fund is part of a broader initiative by the United States and Ukraine to restore the economy, strengthen the country’s resource independence and investment attractiveness in the face of Russia’s military aggression.