The Verkhovna Rada (Ukrainian Parliament) Funds Committee plans to think about a draft legislation on amendments to Ukraine’s Funds Code with a purpose to implement the minerals settlement with the US. The legislation is required for the operation of the US-Ukraine Reconstruction Funding Fund.

Supply: UNN information company, citing MP Yaroslav Zhelezniak

Particulars: The Funds Committee plans to think about the draft legislation on 13 Might. After that, it is going to doubtless be mentioned within the parliamentary chamber, Zhelezniak stated.

Quote from Zhelezniak: "Along with the ratification itself, a draft legislation should be adopted (at the very least) amending the Funds Code with a purpose to implement the settlement between Ukraine and america on establishing the US-Ukraine Reconstruction Funding Fund (No. 13256). The funds committee will think about this tomorrow morning, and it’ll most certainly be accepted by the Verkhovna Rada tomorrow."

The draft legislation and another draft legislation are set to be mentioned on the committee assembly at 10:00.

Background:

• On 12 Might, Ukraine accomplished the ratification of the settlement on the institution of the US-Ukraine Reconstruction Funding Fund. The legislation establishing the US-Ukraine Reconstruction Funding Fund was returned with the signature of the Ukrainian president, finishing the formal ratification process.
• The Verkhovna Rada voted on 8 Might to ratify the minerals take care of america and set up the US-Ukraine Reconstruction Funding Fund. A complete of 338 MPs voted in favour, none voted towards, and there have been no abstentions.
• The minerals deal was signed on 1 Might by Ukraine's Minister of Economic system, Yuliia Svyrydenko, and the US Treasury Secretary. "Along with US Treasury Secretary Scott Bessent, I’ve signed the settlement on the institution of the United States-Ukraine Reconstruction Funding Fund," Svyrydenko stated.

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