Memorandum of Intent between the Government of the

Memorandum of Intent between the Government of the United States and the Government of Ukraine Regarding the Completion of the Economic Partnership and Reconstruction Investment Fund Agreement (Full Text)

Whereas the United States has provided significant financial and material support to Ukraine since Russia's full-scale invasion in February 2022;

Whereas the American people wish to invest alongside the Ukrainian people in a free, sovereign, and secure Ukraine;

Whereas the United States and Ukraine desire to achieve lasting peace in Ukraine and establish a durable partnership between their peoples and governments;

Whereas the United States and Ukraine recognize Ukraine's contribution to strengthening international peace and security by voluntarily relinquishing the world's third-largest nuclear arsenal;

Whereas the United States and Ukraine intend to establish a Reconstruction Investment Fund as part of the economic partnership between their peoples and governments;

Whereas the United States and Ukraine held productive technical discussions in Washington, D.C., on April 11-12, 2025, to finalize negotiations on the agreement establishing the Reconstruction Investment Fund;

Whereas Ukraine respects its obligations in drafting the agreement to avoid conflicts with existing commitments or agreements with the European Union or other international financial institutions;

Whereas, without prejudice to any remaining political or legal procedures, Ukrainian Prime Minister Shmyhal will visit Washington, D.C., during the week of April 21, 2025, for technical discussions with U.S. Treasury Secretary Besant and the high-level aid coordinator to finalize the terms of the Reconstruction Investment Fund. The negotiating team is expected to report progress by April 26, 2025, with the goal of completing discussions and signing the agreement as soon as possible;

Therefore, it is hereby affirmed that, through the aforementioned arrangements, the Governments of Ukraine and the United States enter into this Memorandum of Intent, expressing their commitment to swiftly complete the necessary documents to finalize the agreement on economic partnership between the peoples of the United States and Ukraine and to establish the Reconstruction Investment Fund.

Signatures

U.S. Treasury Secretary Besant

First Deputy Prime Minister and Minister of Economy of Ukraine Svyrydenko