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10:45

Prime Minister of Ukraine: No parliamentary approval is needed for subsequent technical documents of the Ukraine-U.S. mineral agreement.

Jin10 reported on May 2 that on May 2 local time, Ukrainian Prime Minister Shmyhal stated that the follow-up technical documents regarding the establishment of the Ukraine-U.S. Reconstruction Investment Fund (i.e., the U.S.-Ukraine Mineral Agreement) will not fall under the intergovernmental level, but rather the inter-institutional level. These follow-up agreements will be of an implementation nature (commercial or execution agreements) and will be signed by Ukrainian institutions and the U.S. International Development Finance Corporation (DFC), thus not requiring parliamentary approval. He stated that the relevant documents are ready and are expected to be signed shortly after the Ukrainian parliament approves the Mineral Agreement.
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