Ukraine and U.S. Officially Launch Joint Reconstruction Fund
Ukraine and the United States have officially launched the long-anticipated US–Ukraine Reconstruction Fund, marking a major step in the two countries’ strategic partnership for postwar recovery.
The announcement came from Ukraine's First Deputy Prime Minister and Economy Minister Yuliia Svyrydenko, who confirmed via her official X account that all formal procedures had been completed.
The final step—a diplomatic note from the United States—was personally delivered to her by U.S. Chargé d’Affaires Julie S. Davis on Friday morning.
“The Fund is now officially launched,” Svyrydenko wrote.
“Our negotiating team delivered on the mandate set by President Zelenskyy: we have established a true partnership—built on equality, respect for Ukraine’s national interests, and joint governance with the United States.”
The fund, based on a bilateral agreement signed on April 30, is structured around equal 50/50 participation and is designed to channel critical investments into Ukraine’s recovery and long-term growth.
It includes 12 governing articles and a list of critical materials, particularly focused on financial and strategic infrastructure needs.
Ukraine’s participation will be represented by the Public-Private Partnership Support Agency under the Ministry of Economy, while the U.S. International Development Finance Corporation (DFC) will serve as the American partner.
“The Fund is a symbol of long-term strategic commitment,” Svyrydenko added.
“Together, Ukraine and the United States will invest in the recovery and growth of our country—on terms that protect our sovereignty and empower our future.”
As The Gaze previously reported, a landmark agreement grants Washington privileged access to Kyiv’s natural resources, in a move aimed at reinforcing bilateral ties and sustaining American engagement in Ukraine’s post-war recovery efforts.
Ukraine expects the United States to make the first contribution to the newly created joint investment fund aimed at supporting Ukraine’s reconstruction and economic development.
Ukraine’s parliament has ratified a landmark agreement with the United States that establishes a joint investment fund for mineral extraction and post-war reconstruction.
In a related development, as The Gaze reported, U.S. Treasury Secretary Scott Bessent said President Donald Trump sees the recently signed minerals agreement with Ukraine as a strategic tool to strengthen pressure on the Kremlin in the context of future peace talks.