The Cabinet of Ministers approved representatives from Ukraine to the Management Board of the Reconstruction Investment Fund
The government has approved representatives from Ukraine to the Governing Council of the Reconstruction Investment Fund, which was created within the framework of the agreement with the United States on minerals and rare earth metals. informed the Ministry of Economy, Environment and Agriculture of Ukraine about this.
“The government made an important decision to start the work of the Reconstruction Investment Fund — representatives of Ukraine were appointed to the Governing Council. The first meeting of the Council will be held at the beginning of September this year. Committee members, principles of project selection, and operational procedures will be approved at it,” Oleksiy Sobolev, Minister of Economy, Environment and Agriculture of Ukraine noted.
The Governing Council included: Minister of Economy, Environment and Agriculture Oleksiy Sobolev, his deputy Yehor Perelyhin and State Secretary of the Ministry of Foreign Affairs Oleksandr Karasevich. In total, the council will have six managers — three from each side. The USA has yet to approve its representatives.
Recall that on August 5, after a conversation with US Finance Minister Scott Bessant, Prime Minister of Ukraine Yulia Svyridenko announced that within the next 18 months, Ukraine and the US plan to launch three mineral extraction projects within the framework of the subsoil agreement.
