Economy Minister Yuliya Svyrydenko has announced ‘significant progress’ on the economic partnership agreement with the United States.
She wrote about this on Facebook.
‘A positive new step with the United States on an economic partnership agreement and the creation of an investment fund for the reconstruction of Ukraine. Our technical teams have worked very hard together on the agreement - there is significant progress, lawyers have made the right accents in the drafting of the agreement, I thank the negotiators on both teams,’ Svyrydenko wrote.
She noted that the parties had agreed to ‘record this positive development in the relevant memorandum of intent - we are preparing to complete the formalisation of the deal in the near future.’
Svyrydenko said that the teams will continue to work on specific points in the agreement, much has already been worked out, and the level of the agreement should be quite high.
‘The agreement will be subject to ratification in the Verkhovna Rada of Ukraine, will provide opportunities for investment and development in Ukraine, and will provide conditions for tangible economic growth for both Ukraine and the United States,’ the minister said.
- Bloomberg recently reported that the US has agreed that the value of the aid provided to Ukraine is $100bn, not $300bn. The US president's office insists that Kyiv conclude an agreement on the distribution of profits from future Ukrainian investment projects, including minerals and infrastructure. Washington sees this as compensation for tens of billions of dollars in aid under previous President Joe Biden.
- In March, it became known that the United States had handed over a new draft subsoil agreement to Ukraine. Government representatives received one version of the document, while the President's Office received another.
- Negotiations on new agreements continued. On 1 April, the two countries held the first round of consultations.
- Subsequently, the Ukrainian delegation flew to Washington, D.C., where technical teams held talks.
- Zelenskyy said that the meeting between the Ukrainian and American teams on the fossil fuel deal was positive, and that new contacts would take place during the week.