U.S. Expected to Make First Contribution to Ukraine Reconstruction Fund

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, The Gaze reports, citing Ukrinform. 

This was confirmed by First Deputy Minister of Economy Oleksii Sobolev during a briefing on May 8.

“We understand that for the fund to be successful and generate the volume that both Ukraine and the Americans are interested in, additional financial inflows from the U.S. are needed. The DFC [U.S. International Development Finance Corporation] is essentially the U.S. development bank. Therefore, DFC will contribute to the fund with its investments,” said Sobolev.

According to him, the agreement also stipulates that the United States, as a key stakeholder, will attract additional investors from the private sector and international financial institutions.

Sobolev added that Ukraine will also make contributions beyond the required 50% of revenues from license sales and royalty payments.

 “Thus, Ukraine’s contributions will be multiplied — for every hryvnia, there will be additional funds from partners. Moreover, under the agreement, all profits earned by the fund during the first 10 years will be reinvested, which will allow the institution to build up its assets and become more powerful,” he stated.

Deputy Economy Minister and Trade Representative of Ukraine Taras Kachka stressed that the DFC’s first contribution is crucial for launching the fund’s operations.

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.

Read more on The Gaze: How Did the World React to U.S.-Ukraine Minerals Deal?