Yuliia Svyrydenko and U.S. Treasury Secretary Scott Bessent discuss initial projects for Reconstruction Fund and new investor protection tools

During a working meeting in Washington, First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko and U.S. Treasury Secretary Scott Bessent discussed next steps for implementing the U.S-Ukraine Reconstruction Investment Fund, officially launched in May.

“We are grateful to the U.S. Government for their political resolve and consistent support. Our joint Fund is an example of equal partnership focused on the future. The first projects are ready for implementation. In particular, we discussed projects involving graphite, lithium, and titanium with our American counterparts. These sectors are vital for Ukraine’s economy and the strategic interests of the United States,” Yuliia Svyrydenko emphasised.

The first meeting of the Fund’s Board is scheduled for late July this summer, where committee charters and decision-making mechanisms will be approved.

The Ukrainian side proposed expanding the Fund’s investment mandate, particularly to support the defence industry and strong Ukrainian companies with export potential. The U.S. Treasury expressed interest in this proposal and readiness for further discussions.

Special attention was given to the need to expand war risk insurance. American businesses are keen on such a tool to attract private capital to Ukraine.