The United States wants to earn 350 billion dollars thanks to the agreement on minerals, which will be happiness for Ukraine, because it means that the country will also earn so much. This was stated on the telethon on Friday by Deputy Minister of Economy - Trade Representative Taras Kachka, reports UNN.
Details
"We are creating a Fund that will invest in Ukraine, the profits of which will be divided 50/50 according to the basic scenario. Accordingly, the United States will receive funds through investments in Ukraine. As President Trump said, they want to earn $350 billion. This will be happiness for Ukraine, because it means that we will also earn 350 billion dollars. It will also be from investments in Ukraine, from the creation of new jobs, businesses," Kachka said.
Also, according to him, there is a basic contribution that Ukraine will make to the Fund in the future.
"There will be no Ukrainian money in the Fund on the first day of operation, it is not planned. It is planned that we will pay as a contribution to the Fund, which will then be invested in the Ukrainian economy, half of the future rent from some mineral resources. That is, if we find beryllium on the territory of Ukraine and start mining it in accordance with the new special permit issued in accordance with the Ukrainian legislation by the authority of Ukraine. If this is a successful extraction, then half of the tax that will be paid from this extraction, that is, the royalty payment, will go as a contribution to this Fund. This is such a basic, permanent contribution from Ukraine," Kachka explained.
The official also noted that the possible use of this Fund as an incentive for the provision of new military assistance from the United States is very important and beneficial for Ukraine.
"We have created a model according to which new military assistance can be credited as a privileged contribution from the United States. This means that when the Fund earns money, and we will have the opportunity to distribute the profit of this Fund, it will primarily go to payments to the United States in the amount of future military assistance provided," Kachka said.
Addendum
First Deputy Prime Minister - Minister of Economy Yulia Svyrydenko explained the mechanism of the Investment Fund for Reconstruction with the United States and noted that the Fund itself will not extract any minerals.
The United States may contribute to the Investment Fund for Reconstruction with military aid or funds. Both mechanisms are being considered by the Americans.
The government expects that the Investment Fund for Reconstruction under the agreement with the United States will be fully operational within a few weeks.