Deputy Economy Minister and Ukrainian Trade Representative Taras Kachka notes that the investment fund of Ukraine and the USA, which will be set up under the mineral agreement, will have the right to invest both in the development of deposits and in infrastructure projects: road, port and energy projects.
“This fund as a financial instrument will have the privileged right to invest in a wide range of objects in Ukraine as soon as there are investment opportunities for it,” Kachka, who heads the Ukrainian negotiating delegation, said on the air of a national telethon.
“First of all, we are talking about minerals, but we are also interested in American investments in infrastructure By no means does this mean that we are talking a priori about transferring (infrastructure facilities) directly to the Fund. We are only talking about the fact that we give this fund an opportunity to invest in projects and create conditions for earning money in favour of Ukraine and the American people,” Kachka explained.
Regarding the so-called debt of Ukraine, Kachka stressed that “it is necessary to clearly and unambiguously deny that we are not talking about any new debt or transformation of previous aid into debt, that is, there is no logic of debt obligations in the proposals of the United States and, accordingly, in the proposals of Ukraine, we are talking about how much the United States and Ukraine want to earn from investments in Ukraine”.
According to him, next week there will be more negotiations and “certain positive news” regarding US military aid.
On 24 April, the two negotiating teams will continue talks in Washington on the deal. In the memorandum, according to Kachka, they agreed to report on what was achieved on 26 April.