Alona Lebedieva: The Memorandum with the United States Must Be Transformed into a Legally Flawless Agreement
KYIV, UKRAINE, April 30, 2025 / EINPresswire.com / -- Ukraine and the United States of America have signed a Memorandum of Understanding to conclude an Agreement on Economic Partnership.
The document confirms the parties' readiness to cooperate on the establishment of an Investment Fund for Ukraine's reconstruction and outlines the general principles of mutually beneficial partnership.
The Memorandum provides that the future Agreement will help attract significant investments, modernize critical infrastructure, and develop strategic sectors. It also states that the United States respects Ukraine's European integration course and the country's commitments to international financial institutions.
'A memorandum is a document that reflects the positions of the parties and confirms the intention to sign an Agreement. We will be able to discuss its content only after the full text is published. However, it is already worth welcoming the fact that the United States has officially declared its readiness to invest alongside the Ukrainian people and confirmed its respect for our course toward EU membership,' said Alona Lebedieva, owner of the Ukrainian diversified industrial and investment group of companies 'Aurum Group.'
She emphasized the importance of adhering to Ukrainian law during the finalization of the Agreement.
'According to the Constitution, land, subsoil, water, and other natural resources are the property of the Ukrainian people. State authorities exercise the rights of the owner on behalf of the people. Therefore, the correct and safest path is to approve the Agreement by a Presidential decree and a decision of the Verkhovna Rada. This will also protect the United States as a partner from the risk of legal disputes or annulment of agreements.'
According to her, repayment would only be possible in the event of a proven violation of the terms of the aid provision by the Ukrainian side, which has not been officially recorded to date.
One of the elements of the future Agreement, according to open sources, could be the creation of a joint fund to invest in Ukraine's reconstruction and the development of critical mineral extraction.
'The main idea here is to attract long-term and affordable American investments. From an economic perspective, this is logical: a joint fund could bring billions of dollars annually into Ukraine and stimulate the development of the extractive sector,' noted Lebedieva.
She stressed the importance of focusing on genuinely priority areas for the effective implementation of the initiative.
'The optimal approach is to form a short, realistic list of strategically important projects to concentrate resources on the most effective areas and achieve tangible results quickly. If everything is carried out within the framework of Ukrainian legislation, the state and communities will receive royalties, employee income taxes, and other revenues,' she added.
In the context of further work on the Agreement, Lebedieva emphasized the need for legal clarity and transparency.
'The Agreement must become a document in which each provision meets the interests of Ukrainian society, creates no legal risks, guarantees respect for Ukraine's sovereignty, and promotes its economic development,' Lebedieva concluded.
Alona Lebedieva
Aurum Group
email us here
Legal Disclaimer:
EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Nancy Mace said 'due process is for citizens.' Here's who it's really for
In early June 2025, Republican U.S. Rep. Nancy Mace of South Carolina wrote an X post (archived) that read: "Due process is for citizens." Her comment had been viewed more than 2.4 million times as of this writing and had amassed more than 6,500 likes. The same claim has appeared in multiple X posts. In a similar tone, in May 2025, another X user wrote: "Due process is for citizens, not invaders." (X user @NancyMace) In short, due process is the legal principle that the government must follow fair procedures before depriving a person of life, liberty or property. It serves as a safeguard against arbitrary actions by the state, ensuring that people are treated justly under the law. For a more detailed explanation, see our full breakdown in this article on former President Bill Clinton's 1996 immigration law. While Mace's post did not explicitly say that due process protections are, or should be, limited to only U.S. citizens, her replies below the post reinforced that interpretation. However, the U.S. Constitution protects all "persons," not just citizens, under the due-process clauses of the Fifth and 14th amendments. The Supreme Court has repeatedly affirmed that these protections apply to anyone physically present in the United States regardless of citizenship or immigration status. An MSNBC article on the topic similarly concluded that Mace's "implication … that noncitizens don't get that protection" was "incorrect." The South Carolina representative doubled down on her stance in the replies below her post, suggesting that noncitizens should not be entitled to due-process protections in the U.S. For example, when one X user wrote, "The Constitution doesn't say 'only citizens.' Due process applies to persons — that includes non-citizens. That's settled law," Mace replied by saying: "Skip due process coming in, don't expect it going out. Citizens first!" Other replies further suggested she believed only U.S. citizens should be entitled to such protections (archived, archived, archived). (X users @FJBIDEN_22 and @NancyMace) These exchanges were not the first time Mace commented on due process. In late May 2025, she weighed in on the principle in response to a federal judge's decision to block the deportation of eight noncitizens convicted of violent crimes. The day before U.S. District Judge Brian Murphy issued a 17-page order in which he emphasized that "the Court recognizes that the class members at issue here have criminal histories. But that does not change due process," Mace criticized the ruling, telling Fox News (archived): "They didn't want due process on their way in illegally, they shouldn't get due process on their way out." However, the representative's comments about due process contradicted remarks she made about the principle in the past. In February 2023, Mace wrote on X (archived): "Everyone deserves the right to due process. Even those we vehemently oppose." (X user @NancyMace) Snopes has reached out to Mace for comment on whether she maintains that due-process protections should apply only to U.S. citizens and how she reconciles that view with her 2023 statement. We will update this article if we receive a response. The U.S. Constitution's guarantee of due process appears in the Fifth and 14th amendments, both of which state that no person should be deprived "of life, liberty or property, without due process of law." As shown, the language uses "person," not "citizen," with regard to due-process protections. Further, the Supreme Court has repeatedly interpreted that due-process protections apply to everyone within U.S. borders regardless of citizenship or immigration status. In Shaughnessy v. United States ex rel Mezei (1953) the Court emphasized (Page 212) that "aliens who have once passed through [U.S.] gates, even illegally, may be expelled only after proceedings conforming to traditional standards of fairness-encompassed in due process of law." Similarly, in cases such as Zadvydas v. Davis (2001) and earlier decisions dating back more than a century, the Supreme Court made clear that the government cannot detain or deport people arbitrarily. In the 2001 case, the Court underscored that "the Due Process Clause applies to all persons within the United States, including aliens, whether their presence is lawful, unlawful, temporary, or permanent." In simple words, noncitizens must be given fair procedures, such as notice or a "credible fear interview," before being deprived of their liberty. The Supreme Court expressed the same view in the case of Reno v. Flores (1993), stating: "It is well established that the Fifth Amendment entitles aliens to due process of law in deportation proceedings." This was not the first time Snopes addressed a claim regarding Mace. For instance, in late May 2025, we investigated a rumor that she ordered staffers to create burner accounts to promote her online. Meanwhile, earlier in June 2025, we also fact-checked a rumor about whether the Illegal Immigration Reform and Immigrant Responsibility Act of 1996, signed by Clinton, allowed deportation without due process. "327K Views · 15K Reactions | Rep. Nancy Mace (R-SC) Responds to Arguments That Illegal Immigrants Convicted of Heinous Crimes Deserve Due Process after a Judge Blocks a Deportation Flight to South Sudan | 'They Didn't Want Due Process on Their Way in Illegally, They Shouldn't Get Due Process on Their Way Out.' Rep. Nancy Mace (R-SC) Responds to Arguments... | by Fox News | Facebook." 2022, Accessed 6 June 2025. "U.S. Constitution - Fifth Amendment | Resources | Constitution Annotated | | Library of Congress." 15 Dec. 1791, Constitution Annotated. "U.S. Constitution - Fourteenth Amendment | Resources | Constitution Annotated | | Library of Congress." 9 July 1868, Deng, Grace. "Did Nancy Mace Order Staffers to Create Burner Accounts to Promote Her Online? Here's What We Know." Snopes, 30 May 2025, Accessed 6 June 2025. Dunbar, Marina. "Court Halts Trump Administration's Effort to Send Eight Men to South Sudan." The Guardian, The Guardian, 23 May 2025, Gabbatt, Adam. "Group Stranded with Ice in Djibouti Shipping Container after Removal from US." The Guardian, The Guardian, 6 June 2025, Accessed 6 June 2025. " 2025, Accessed 6 June 2025. "Reno v. Flores, 507 U.S. 292 (1993)." Justia Law, Rubin, Jordan. "Due Process Is Not Limited to Citizens, Contrary to Nancy Mace's Claim." MSNBC, 4 June 2025, Accessed 6 June 2025. Wrona, Aleksandra. "Bill Clinton Did Not Sign Law in 1996 Allowing Deportation without Due Process." Snopes, 5 June 2025, Accessed 6 June 2025. "Zadvydas v. Davis, 533 U.S. 678 (2001)." Justia Law,
Miami Herald
14 minutes ago
- Miami Herald
L'Oréal acquires majority stake in popular British skincare brand
Aging is a privilege, but I work really hard to make sure that my skin doesn't show off that privilege. I spend an absurd amount of money on skincare products. But it's just a tiny contribution toward the $26 billion in sales projected this year for the skincare industry. Don't miss the move: Subscribe to TheStreet's free daily newsletter I have my favorites among the legacy brands sold in drugstores and department stores, but I'm often swayed by newer brands I see on Instagram. Every day, I scroll through a parade of serums, creams, and more that promise to firm, lift, tighten, and moisturize my skin. I click "buy" more than I care to admit, especially if there's scientific evidence that it works (and even if the science goes over my head). The ever-growing popularity of #SkinTok has prompted some legacy brands to work a bit harder to stand out among the sea of skincare competitors, especially when it comes to capturing the attention of Gen Z, which craves clean beauty products. Related: Ulta Beauty issues stern warning as consumers switch gears According to a report by Revieve, an AI-powered beauty and wellness tech company, 56% of Gen Z want fragrance-free beauty, and 33% want to ditch the parabens. Vegan beauty and skincare options? Yes, please. Legacy skincare is listening. One of my all-time favorite brands just made a major move to ensure that the younger generation is "worth it" by increasing its portfolio of science-backed skincare. Legacy beauty brand L'Oréal (LRLCY) has announced that it signed an agreement for the acquisition of a majority stake in Medik8, a British skincare brand. The deal was for an undisclosed sum, although reports suggest the deal is valued at around $1.1 billion. European mid-market private equity firm Inflexion will stay on as a minority stakeholder. Medik8 sales were in the ballpark of $70 to $80 million in 2024, as reported by Business of Fashion, even without a presence in Sephora or Ulta. The brand will be joining the Luxe Division at L'Oréal, which currently houses premium skincare brands including Kiehl's, Youth to the People, and Aesop. "We are delighted to welcome Medik8 to the L'Oréal family. As a premium skincare range, with high levels of proven efficacy at an accessible price point, Medik8 perfectly complements our existing skincare portfolio," said L'Oréal Luxe President Cyril Chapuy in a statement. "We share a strong belief in Medik8's global potential and are excited to embark on this journey together, to build a powerful and impactful brand presence worldwide," he added. Related: Drunk Elephant beauty brand suffers sales drop amid big shakeup Medik8, founded by scientist Elliot Isaacs, is backed by scientific research and innovation. Its premium skincare products include the best-selling Crystal Retinal Serum and its Liquid Peptides Advanced MP Face Serum (the latter was currently sold out on the Medik8 site at the time of this writing). Nearly all its products are developed and manufactured in the ISO-certified Innovation Center just outside of London. Certain generations need no introduction to L'Oréal. The famous L'Oréal Paris tagline "Because you're worth it" likely echoes in many Boomers', Gen Xers', and Millennials' brains. But Gen Z? Unless it's on Instagram or #SkinTok, where products are being hawked by favorite celebrities and influencers with a direct link to buy, even legacy cosmetic brands can find themselves lost amid a sea of products. That's where science-backed Medik8 comes in. Aside from getting the nod by dermatologists and beauty editors, celebrities like Hailey Bieber and Rosie Huntingon-Whiteley are known to use Medik8 products as part of their skincare routines - specifically, the Medik8's R-Retinoate Cream. More in Beauty: Low-cost beauty brand to raise prices due to tariffs, inflationAnother giant cosmetics brand closing store unexpectedlyBankrupt beauty brand to return after $1 billion collapse Although Bieber is the founder and creative director of Rhode - the company recently purchased by E.l.f. Cosmetics - she is a Medik8 fan. And she has over 55 million followers on Instagram and nearly 16 million on TikTok, many of whom are likely eager to replicate her glowing complexion. It's worth noting that Bieber's social media stats alone eclipse the follower counts of both L'Oréal and Medik8 many times over. "This is an exciting day for Medik8," said Medik8 CEO Simon Coble. "I am delighted to be joining forces with a company which shares our vision for the brand's future growth and whose core values align with our deep commitment to science, innovation and above all, results without compromise. I look forward to the next stage in Medik8's journey, as we work together to bring our innovative products to a wider audience." L'Oréal's acquisition of Medik8 will likely be completed in the next few months, pending regulatory approvals and other conditions. Related: Sephora unveils new brand partnership Gen Z will love The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Business of Fashion
43 minutes ago
- Business of Fashion
Zara Owner Inditex Posts Slowing Growth
Zara owner Inditex SA reported a muted start to the second quarter and warned that foreign-exchange fluctuations could have a greater impact on results this year than anticipated. The shares tumbled. Revenue at the world's largest listed clothing retailer rose 6% in the five weeks to June 9, excluding currency effects. That was weaker than last year's start to the summer season, the Arteixo, Spain-based retailer said on Wednesday. 'The release fails to dispel concerns on slowing growth,' analysts at Barclays wrote in a note. The company's shares fell as much as 6.4 percent in early Madrid trading. The stock is down about 4.7 percent since the start of the year. Even though current trading is tracking higher than the 4.2 percent sales growth recorded in the first quarter, the latest numbers suggest that Inditex, like its peers, is not immune to a drop in demand prompted by the global trade war. The company has fared better than many of its rivals by keeping tighter controls on inventory, enabling it to remain nimble in a fickle fashion industry, but its sales-growth rates have headed down sharply from the post-pandemic boom era. Swedish rival Hennes & Mauritz AB posted disappointing first-quarter results because of stockpiles of unsold clothing. Foreign-exchange swings are likely to be a greater-than-expected drag on revenue this year, Inditex warned. The company expects currency fluctuations to shave 3 percent off sales this year, up from 1 percent it had expected previously. The adjustment follows a notable depreciation in both the US dollar and the Mexican peso against the euro, shrinking international earnings when converted back to the company's home currency. Other retailers have also signalled the cooling effect FX swings are having with H&M citing a strong kroner as another reason for its weak first-quarter. Last month, German sneaker brand Puma AG said the effect of tariffs and currency fluctuations was challenging to manage. The global garment industry tends to be a dollar-denominated business, which can particularly affect European retailers when they translate earnings back into local currencies. Inditex first spooked the market in March when it signalled a weaker start to its fiscal year, provoking a 7.5 percent fall — the biggest single-day plunge in its shares in five years. In its first quarter ended April 30, operating profit was in line with analyst estimates, while revenue was below expectations. The retailer said costs grew 2.3 percent in the period, rising faster than the 1.5 percent increase in revenue, including currency swings. Asked about the effect of President Donald Trump's tariffs, Inditex said it would use its broad range of suppliers, including those close to home in Spain, Portugal, Turkey and Morocco to manage the situation. 'In any case, I'd say that we see growth opportunities globally, not just in one market,' said Investor Relations Director Gorka Garcia-Tapia Yturriaga on a call with analysts. Over the last few years, the company has invested in both expanding its network of stores and also on refurbishing existing outlets to ensure a better shopping experience for customers. The company plans to spend €1.8 billion ($2 billion) again this year on store improvements and technology, along with an additional €900 million to expand its logistics network. By Clara Hernanz Lizarraga Learn more: The Brewing Controversy Over the Cotton in Your T-Shirt Zara owner Inditex, the world's largest fast fashion company, is ditching the industry's biggest sustainable cotton scheme amid a deforestation scandal and a wider push to prioritise organic fibres.
