Ukraine and the US can expand cooperation in the field of critical materials - Ministry of Economy
Kyiv • UNN
The governments of Ukraine and the United States are discussing strengthening cooperation in the field of critical materials to attract American investment. Ukraine became a member of the Minerals Security Partnership Forum and is ready to expand cooperation.
The governments of Ukraine and the United States are considering options for strengthening cooperation in the field of critical materials to encourage American companies to enter the Ukrainian market and attract investment in the mining and processing industry. This was reported in by the Ministry of Economy, UNN writes.
Details
Officials of the Ministry of Economy of Ukraine discussed joint investment projects and other aspects of economic partnership between the two countries with the U.S. delegation, which included U.S. Senators Lindsey Graham and Richard Blumenthal.
The Government of Ukraine expresses its gratitude to the United States for its unprecedented support of Ukraine in the fight against the Russian aggressor, for financial, humanitarian, energy and expert assistance. Ukraine is committed to further fruitful partnership in priority sectors of the economy and can offer a wide range of investment opportunities. One of the sectors with great potential for development is critical materials. Ukraine is one of the richest countries in Europe in terms of mineral resources, and the Government is interested in cooperation with the United States in the field of critical materials, which can help accelerate the green transition and improve the security situation in the region
Sobolev said that in April, Ukraine became a member of the Minerals Security Partnership Forum and is ready to expand cooperation in this area, following the MSP principles.
He also mentioned the importance of using frozen Russian assets for the benefit of Ukraine. In particular, the Ukrainian government received financial support in the amount of $50 billion from the future income from these assets, which includes direct budget support and funds for the purchase of defense equipment and the reconstruction of the country.
Sobolev also noted that Ukraine's goal is to seize all Russian state assets abroad, and a new law passed by the US Congress allows for the transfer of up to $5 billion of frozen Russian assets to Ukraine.
Recall
Ukrainian Prime Minister Denys Shmyhal met in Kyiv with U.S. senators to discuss support for Ukraine, including the use of frozen Russian assets.
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