The United States and Ukraine have officially launched the U.S.-Ukraine Recovery Investment Fund, a joint initiative aimed at accelerating Ukraine’s economic reconstruction. The announcement follows the formal exchange of diplomatic notes, with Ukraine’s First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko receiving confirmation from U.S. Chargé d'Affaires in Ukraine, Julie Davis.
Earlier, Ukraine had delivered its note, and two commercial partnership agreements were signed between the U.S. International Development Finance Corporation (DFC) and Ukraine’s state-run Public-Private Partnership Support Agency (PPP Agency).
The Fund will serve as a vehicle for joint investments by both countries in strategic sectors such as natural resource extraction, oil and gas development, ports, and critical infrastructure.
According to Svyrydenko, “This is a balanced agreement that reflects Ukraine’s national interests and ensures joint governance and investment with the United States. It is a forward-looking partnership where both countries act as equal stakeholders in rebuilding and advancing Ukraine’s economy.”
The Fund will also facilitate connections between Ukrainian companies and international investors, including DFC. It is established as an open-ended mechanism, with performance reviews scheduled every ten years.
