United States and Ukraine announce reconstruction investment fund agreement

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Scott Bessent Secretary | U.S. Department Of Treasury

United States and Ukraine announce reconstruction investment fund agreement

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On April 30, an agreement was signed by the United States and Ukraine to establish the United States-Ukraine Reconstruction Investment Fund. This initiative acknowledges the substantial financial and material support by the United States for Ukraine's defense following Russia's full-scale invasion. The partnership aims to facilitate collaboration and joint investment to accelerate Ukraine's economic recovery.

The agreement is being developed under the leadership of President Donald J. Trump. The U.S. Treasury Department and the U.S. International Development Finance Corporation (DFC) will collaborate with the Government of Ukraine to finalize program governance and advance the partnership.

"Thanks to President Trump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund," stated U.S. Secretary of the Treasury Scott Bessent. He added, "As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war. This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term. President Trump envisioned this partnership between the American people and the Ukrainian people to show both sides’ commitment to lasting peace and prosperity in Ukraine. And to be clear, no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine."

Both nations are eager to promptly operationalize this economic partnership in the interest of the Ukrainian and American people.

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