Ukrainian Parliament votes for ratification of minerals deal with US
The Verkhovna Rada (Ukrainian Parliament) has voted to ratify the agreement on establishing a joint investment fund between Ukraine and the United States.
A total of 338 MPs voted to ratify the agreement on the establishment of a joint investment fund between Ukraine and the United States.
Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko stated on Thursday that the US-Ukrainian Recovery Investment Fund will begin operating within weeks, provided that the corresponding intergovernmental agreement is ratified by the Verkhovna Rada on Thursday.
On 1 May, Ukraine's Economy Minister Yuliia Svyrydenko and US Treasury Secretary Scott Bessent signed the minerals deal.
On 2 May, the Ukrainian government submitted the Kyiv-Washington agreement on the establishment of the Reconstruction Investment Fund to parliament for ratification.
On 6 May, the Foreign Policy Committee supported the ratification of the Ukraine-US minerals deal as a basis and as a whole.
On 8 May, the Verkhovna Rada was to vote on the ratification of the mineral deal with the US.
Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, said that the US should make the first contribution to the joint investment fund with Ukraine.