Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, notes that the investment fund of Ukraine and the US, which will be created within the framework of the agreement on minerals, will have the right to invest both in the development of deposits and in infrastructure projects: road, port, energy.
“This fund as a financial instrument will have the privileged right to invest in a wide range of facilities in Ukraine as soon as there are investment opportunities for it,” Kachka, who is leading the Ukrainian negotiating delegation, said on the air of a national telethon.
“First of all we are talking about minerals, …. but we are also interested in American investments in infrastructure…. By no means does this mean that we are talking a priori about transferring (infrastructure) directly to the fund. … It is only about us giving this fund the opportunity to invest in projects and … create conditions for earning money in favor of Ukraine and the American people,” Kachka explained.
Regarding the so-called debt of Ukraine, Kachka emphasized that “it is necessary to clearly and unambiguously deny … we are not talking about any new debt or transformation of the previous aid into debt, i.e. there is no logic of debt obligations in the proposals of the USA and, accordingly, in the proposals of Ukraine…. it is about… how much both the US and Ukraine want to earn from investments in Ukraine.”
He said that next week there will still be talks and “certain positive news” regarding military aid from the US.
On April 24, the two negotiating teams will continue talks in Washington on the agreement. In a memorandum, Kachka said, they agreed to report back on what was achieved on April 26.
