The government has made an important decision regarding the subsoil agreement with the USA.

The government of Ukraine has made all necessary decisions to sign an agreement with the United States to create a joint Investment Fund for Reconstruction.

Prime Minister Denys Shmyhal announced this on his social media on April 30.

According to the head of the government, the agreement is based on five key principles: equality of the parties, Ukraine retaining control over resources, absence of debt obligations, investment guarantees, and alignment with the Euro-integration course.

'The fund is created on the principles of 50/50, and both parties have equal voting rights. Ukraine retains full control over subsoil, infrastructure, and natural resources. The agreement does not entail any debt obligations,' - Shmyhal noted.

The Prime Minister also emphasized that the fund will invest in projects and guarantee commercial purchases of products on 'take or pay' terms, and the agreement will not obstruct Ukraine's accession to the European Union.

'Thanks to this agreement, we will be able to attract significant resources for reconstruction, initiate economic growth, obtain new technologies from partners, and a strategic investor in the person of the USA,' - Denys Shmyhal stressed.

Context of negotiations between Ukraine and the USA

The signing of the agreement was at risk due to discrepancies regarding the documentation procedure. Earlier on April 30, American media reported delays in signing due to differences in both parties' positions.

US Treasury Secretary Scott Bessent stated that 'the Ukrainian side decided to make some last-minute changes.' According to him, Washington is ready to sign the agreement if Kyiv agrees to the previously agreed terms.

According to Ukrainian sources, the package of documents includes three parts: a framework intergovernmental agreement, an agreement on the establishment of the investment fund, and a technical document on the principles of the fund's operation.

Some experts, including former Minister of Economy Tymofiy Mylovanov, stated that according to Ukrainian legislation, the government has the authority to sign only the first part of the agreement, while the subsequent documents can be signed only after the first part is ratified by the Verkhovna Rada.

According to BBC correspondents, the document stipulates that future US military aid to Ukraine may be considered investments from the USA, but previously granted assistance is not included in the investments - this was an important concession insisted upon by President Volodymyr Zelensky.

For the administration of US President Donald Trump, which this week celebrates 100 days in power, this agreement is seen as a potentially significant victory.