"Definitely not years": Ukrainian official clarifies timeline for Investment Fund launch

Suspilne reported the information.

"Our task is to do this as quickly as possible, but it's very hard to predict right now. I think it will take months, definitely not years. We're talking about months. And, of course, we want to resolve all other technical issues related to the funds," said Svyrydenko to reporters in Washington.

After the Ukrainian government’s approval and signing of the agreement, it must be ratified by the Verkhovna Rada. According to MP Zhelezniak, this could happen during the plenary sessions on May 13-15. After that, two additional agreements on the fund’s establishment and technical details will be signed, apart from the main intergovernmental one.

• On April 30, Ukraine and the United States signed an agreement to establish the Ukraine Reconstruction Investment Fund.
• The White House called the signing of the agreement on the establishment of the Reconstruction Investment Fund between the United States and Ukraine a first-of-its-kind historic partnership.
• On May 1, Ukraine's Cabinet of Ministers registered a draft law in the Verkhovna Rada on the ratification of the agreement with the United States to establish the U.S.-Ukraine Reconstruction Investment Fund.