The agreement on the U.S.-Ukrainian Reconstruction Investment Fund recognizes Ukraine’s territorial integrity and applies to all mineral resources within its territory.
Deputy Minister of Economy and Ukraine’s Trade Representative Taras Kachka stated this during a television broadcast, responding to a journalist’s question about whether American companies would operate in the occupied territories.
"This issue is not part of the agreement. The preamble of the agreement clearly affirms Ukraine’s territorial integrity and its full sovereignty over its resources, which remain entirely under its control. We are not transferring anything to anyone. There are no distinctions between occupied and non-occupied territories in the text. The agreement concerns all mineral resources on the territory of Ukraine. This topic was indeed debated at certain stages but was ultimately dismissed because we received clear confirmation of Ukraine’s territorial integrity, and that’s the basis we operate from," Kachka explained.
He noted that Ukraine’s participant in the Fund would be the Agency for the Support of Public-Private Partnerships, operating under the Ministry of Economy. According to him, this institution is trusted by partners due to its collaboration with USAID and the World Bank. It serves as a tool for supporting projects, preparing them for investment, and gathering additional data.
"The Agency analyzes investment projects, while the Fund — which, I remind you, will not be involved in mineral extraction — will invest in businesses connected to mineral extraction. Therefore, this institution is clearly the most appropriate based on its statutory mandate," he added.
