The Cabinet confirmed that the U.S. will receive priority access to information about mineral deposits

The Cabinet of Ministers of Ukraine has confirmed that the United States will receive priority access to information about mineral deposits, as previously reported by the media.

“The effectiveness of the fund will depend on the interest of American partners. They are interested because they will receive priority information about new investment opportunities—primarily in the areas of critical raw materials, oil, and gas,” said Minister of Economy Yuliia Svyrydenko and her deputy Taras Kachkaduring a briefing.

For other companies, tenders and auctions will still be held as usual, though they too will be able to seek support through the fund.

Fund managers have not yet been appointed. On the U.S. side, they may include representatives from the DFC (U.S. International Development Finance Corporation) and the U.S. Treasury.

According to officials, the fund is expected to become operational within a few weeks. Negotiations on additional agreements, which have not yet been made public, are ongoing on a daily basis. Kachka added that these documents will “most likely” be made public.

As a reminder, the Ukrainian parliamentary foreign affairs committee has recommended ratifying the agreement, with an amendment clarifying that recognition of related agreements within the deal is not mandatory.