Reconstruction for Ukraine means integration into the industrial security architecture of the Transatlantic Alliance, says Oleksii Sobolev

Ukraine and the United States are laying the foundations for the long-term development of Ukraine's industries and economy as a whole. This requires predictable rules, reliable institutions and conditions that allow businesses to operate in Ukraine in the long term.

This was emphasised by Oleksii Sobolev, Minister of Economy, Environment and Agriculture of Ukraine, during the panel discussion "Partners in Prosperity: Ushering in a New Era of U.S. - Ukraine Economic Partnership." The event took place on 20 January during the World Economic Forum in Davos, Switzerland.

"Our goal is to create conditions that will encourage global companies to view Ukraine as a long-term industrial and investment partner. The United States, in particular, is one of Ukraine's key trading partners. The U.S.- Ukraine Reconstruction Investment Fund is already operational, and Ukraine has a unique opportunity to become a strategic supplier of rare soil elements, while the United States gains early access to deposits. The reconstruction of Ukraine is not only about rebuilding, but also about integrating Ukraine into the industrial security architecture of the Transatlantic Alliance," said Oleksii Sobolev.

According to the Minister, Ukraine has the capacity to supply the resources needed for the development of cutting-edge technologies. In particular, Ukraine has the largest reserves of titanium, graphite, manganese and uranium in Europe, as well as the third largest reserves of lithium and rare earth elements.

The Minister also emphasised that this month Ukraine launched a public website to receive project proposals for implementation within the framework of the U.S.- Ukraine Reconstruction Investment Fund. The Ukrainian Government looks forward to cooperating with companies, investors and partners to implement projects in priority sectors of the economy.