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Alona Lebedieva: The Memorandum with the United States Must Be Transformed into a Legally Flawless Agreement
Alona Lebedieva: The Memorandum with the United States Must Be Transformed into a Legally Flawless Agreement

Associated Press

time30-04-2025

  • Business
  • Associated Press

Alona Lebedieva: The Memorandum with the United States Must Be Transformed into a Legally Flawless Agreement

KYIV, UKRAINE, April 30, 2025 / / -- 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.

Alona Lebedieva: Ukrzaliznytsia Doesn't Need New Tariffs, It Needs Smarter Asset Management
Alona Lebedieva: Ukrzaliznytsia Doesn't Need New Tariffs, It Needs Smarter Asset Management

Associated Press

time16-04-2025

  • Business
  • Associated Press

Alona Lebedieva: Ukrzaliznytsia Doesn't Need New Tariffs, It Needs Smarter Asset Management

KYIV, UKRAINE, April 16, 2025 / / -- The Cabinet of Ministers of Ukraine has adopted Resolution No. 399, which allows JSC 'Ukrzaliznytsia' to independently sell decommissioned property if its book value does not exceed UAH 500 million. From now on, the company will be able to sell significant stocks of scrap metal, crushed stone, lubricants, and decommissioned equipment through Prozorro. 'This is not just an opportunity to clear the tracks of dead weight, but also to unlock billions of hryvnias. What has been lying idle for decades can now become a source of real cash,' commented Alona Lebedieva, owner of the Ukrainian multi-industry industrial and investment group 'Aurum Group,' on the government's decision. According to preliminary expert estimates, Ukrzaliznytsia could receive: up to UAH 1.8 billion from selling over 218,000 tons of ferrous metal scrap; over UAH 230 million from non-ferrous metal scrap; UAH 788 million from selling 7.5 million tons of crushed stone; more than UAH 5 million from used lubricants. In addition, the company is now allowed to sell decommissioned generators, furniture, office equipment, and other officially written-off assets. 'If these assets are sold quickly and transparently, Ukrzaliznytsia will be able to partially address its shortage of working capital without yet another increase in freight tariffs. Businesses are already operating under extremely difficult conditions, and every tariff hike hits those who keep the country's economy going,' Lebedieva emphasized. She stresses that this policy should improve Ukrzaliznytsia's financial health: 'The sale of decommissioned assets sends a clear message: instead of shifting its problems onto customers through tariff increases, the state-owned company should activate its internal reserves. This is no less important than fighting corruption or cyberattacks. Transparent inventory, public auctions, and regular sales of unnecessary assets – these are all steps Ukrzaliznytsia can take right now.' Ukrzaliznytsia has not sold scrap metal since autumn 2023, due to several factors. Initially, the company sought permission to export scrap metal but did not receive government approval. In spring 2024, it planned to resume sales, but was hindered by regulatory shortcomings. 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.

Alona Lebedieva: Three Years of Struggle That Changed Ukraine and the World
Alona Lebedieva: Three Years of Struggle That Changed Ukraine and the World

Associated Press

time24-02-2025

  • Business
  • Associated Press

Alona Lebedieva: Three Years of Struggle That Changed Ukraine and the World

/ -- Today marks three years since the day the Russian army, one of the largest in the world, launched a full-scale aggression against Ukraine with the aim of destroying us as a nation. But instead of fear, it encountered our resilience. For three years, Ukraine has defended its sovereignty, freedom, and right to exist. What once seemed impossible has become a reality – the nation has endured. Not only due to military strength but also because of unity. Ukrainians have demonstrated to the world that they cannot be broken. These years have brought pain, loss, and severe trials. The war has reshaped the economy, disrupted industries, and altered global supply chains. However, Ukraine has not only survived but continues to develop. Businesses adapt, explore new opportunities, and establish new industries. The country is not waiting for better times – it is creating them. The humanitarian response during the war has been remarkable. Society continues to support the army, provide aid to the wounded, assist displaced persons, and care for animals affected by the conflict. Every citizen contributes to a collective front, built on solidarity and resilience. The role of Ukrainian women has been particularly transformative. The war has shattered outdated stereotypes. Ukrainian women are soldiers, doctors, volunteers, diplomats, and leaders. They take responsibility, make critical decisions, and contribute immensely to the country's resilience. Their role in securing victory is invaluable. Ukraine stands strong not only due to its own efforts but also thanks to international support. Financial aid, weapons, humanitarian assistance, and expressions of solidarity have played a crucial role. Without these contributions, the path forward would have been far more challenging. Alona Lebedieva, owner of the Ukrainian industrial and investment group Aurum Group and founder of a charitable foundation, has highlighted the impact of joint volunteer initiatives supported by international partners. These collaborations have saved lives, rebuilt communities, and provided hope for a better future. 'Despite the difficult conditions on the front line and external pressure, including from the most powerful allies, Ukrainians will always remain courageous and steadfast. There are tough battles ahead, both military and diplomatic, but Ukraine will not retreat. The future of the nation will not be erased,' stated Lebedieva. Three years of full-scale war. Three years of resilience. Ukraine has proven to the world that it has survived and continues its path toward peace. Alona Lebedieva, Aurum Group Alona Lebedieva Aurum Group

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