Ukraine has finalized two new agreements with the U.S. International Development Finance Corporation to advance the previously established investment fund.

Source: "Economic Truth" citing the Ministry of Economy of Ukraine.

Details: The agreements were signed by Niko Gachechiladze, the Director of the Agency for State-Private Partnership Support.

The agreements pertain to a limited partnership and the formation of an LLC, which will act as the general partner of the fund.

The Ministry of Economy has not disclosed the terms of the agreements.

It is worth noting that on May 8, the Verkhovna Rada ratified the agreement with the USA for the establishment of the reconstruction investment fund. President Volodymyr Zelensky signed the corresponding law on May 12.

Deputy Prime Minister Yulia Svyrydenko stated that the fund is expected to become operational within weeks following the ratification.