U.S. Ambassador Julie Davis stated: “The Fund advances the strategic priorities of both the United States and Ukraine, creating new opportunities for American businesses in key markets while stimulating Ukraine’s economic recovery. It will make America more prosperous and secure, while unlocking Ukraine’s economic potential and strengthening our strategic partnership.”
Ukraine’s Minister of Economy, Ecology and Agriculture, Oleksii Soboliev, emphasized: “Ukraine is matching the U.S. contribution, confirming our joint commitment to investments through the Reconstruction Fund. The Fund will finance projects focused on restoring critical infrastructure, developing new technologies, and responsibly utilizing natural resources. These investments will create jobs in both countries and enable American and Ukrainian companies to work together.”
The Fund will leverage U.S. resources, expertise, and governance standards to improve Ukraine’s investment climate and create strategic opportunities for the United States, its allies, and private investors, including multilateral development banks. Priority will be given to investments in natural resources, energy, infrastructure, and critical mineral supply chains, which are vital for U.S. economic prosperity and the national interests of both countries.
The DFC announcement followed the Fund’s inaugural board meeting on September 3, where DFC was appointed as board chair. The meeting also approved committees and discussed evaluation protocols that will allow the Fund’s preferred shares to be considered for new deliveries of U.S. military assistance to Ukraine.
The transaction may require additional procedures before final approval and closing, including notification of the U.S. Congress.
