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Ukraine, U.S. Investment Fund Board to Hold First Meeting on September 3

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Photo: Ukraine, U.S. Investment Fund Board to Hold First Meeting on September 3. Source: kmu-gov-ua
Photo: Ukraine, U.S. Investment Fund Board to Hold First Meeting on September 3. Source: kmu-gov-ua

Ukraine’s Cabinet of Ministers has appointed its representatives to the governing board of the newly established American-Ukrainian Reconstruction Investment Fund, with the body set to convene for the first time on September 3.

The Gaze reports this, referring to a post by Prime Minister of Ukraine Yuliia Svyrydenko.

She announced the decision following a government meeting on September 1, noting that the inaugural session will focus on approving project selection criteria and operational procedures.

The Ukrainian side will be represented by Economy, Environment and Agriculture Minister Oleksii Soboliev, Deputy Minister Yehor Perelyhin, and Foreign Ministry State Secretary Oleksandr Karasevych. 

“All of them are professional managers who have experience in attracting investment, conducting negotiations with partners, strategic planning, and expertise in the field of subsoil resources,” she explained.

The governing board will consist of six members in total – three appointed by Ukraine and three by the United States, represented through the U.S. International Development Finance Corporation (DFC) via its subsidiary DFC Ukraine Subsoil, LLC. Strategic decisions will be taken unanimously, a structure designed to guarantee equal partnership.

The investment fund was created under an agreement signed in Washington on April 30, 2025, and ratified by Ukraine’s parliament in May. It was officially launched on May 23. 

The fund will channel capital provided jointly by Kyiv and Washington into projects for natural resource extraction, oil and gas development, port infrastructure, and related facilities in Ukraine.

Read more on The Gaze: How Will the US-Ukraine Reconstruction Investment Fund Function?

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