Today, Ukraine is fighting not only on the battlefield but also through geopolitical and economic initiatives. A key step is the announcement of a far-reaching investment agreement between Kyiv and Washington, setting the stage for Ukraine’s economic recovery over decades.
The agreement targets attracting a total of approximately $800 billion in investments by 2040. For comparison, prior to the full-scale invasion, Ukraine’s GDP totaled about $200 billion. The plan builds on a 2025 agreement on mineral resources cooperation, which foresees the creation of a joint US-Ukraine investment fund to oversee reconstruction.
The fund has already started operations with an initial capital of $150 million, with early investment examples like the development of lithium deposits. This includes a 50-year license for the Dobrynsk lithium field in Kirovohrad region, awarded to a consortium with US company participation.
The targeted $800 billion will involve loans, private investments, grants, and other financial instruments. Plans also include the creation of special economic zones with zero tariffs on US-Ukraine trade, increasing the country's attractiveness to international corporations.
Estimates by international organizations show Ukraine’s direct physical war damage as of late 2024 totals $175 billion, and reconstruction needs are projected at $525 billion over the next decade. Key areas for investment are housing, transport, energy, industry, agriculture, and demining.
Ukraine believes this investment plan will provide not only an economic boost but also extra security guarantees, as large-scale US capital in Ukraine raises Washington’s interest in the region’s stability. However, security guarantees and territorial issues remain key hurdles for signing a final agreement and luring foreign investments.
In summary, Ukraine seeks to build economic ties that support long-term stability. The successful implementation of this plan could make the country a crucial partner for the US and the West both politically and economically.
