Latest news with #JulieS.Davis
Yahoo
23-05-2025
- Business
- Yahoo
Ukraine, US officially launch joint Reconstruction Investment Fund
Ukraine and the United States have officially launched a joint Reconstruction Investment Fund as part of their minerals agreement, Economy Minister Yuliia Svyrydenko announced on May 23. "The last step was a diplomatic note from the United States, which I personally received this morning from Julie S. Davis, the U.S. Chargé d'Affaires. The Fund is officially launched," Svyrydenko wrote in a Facebook post. The fund is a core component of the broader U.S.-Ukraine minerals agreement, signed on April 30. Under the deal, the U.S. has special access to projects involving Ukraine's reserves of lithium, titanium, and other critical minerals. These resources are considered critical to global supply chains for the defense, aerospace, and green energy industries. The fund will be jointly managed by Ukraine's Public-Private Partnerships Agency and the U.S. International Development Finance Corporation (DFC). While both sides have declined to disclose full operational details, officials have framed the project as a vehicle for long-term reconstruction and foreign investment. The agreement has been months in the making, following a contentious negotiation process that at times strained bilateral ties. The final version removed controversial provisions that Ukrainian officials and experts feared could lead to exploitation of Ukraine's mineral wealth. Two additional agreements to operationalize the fund were signed on May 13. President Volodymyr Zelensky signed the ratified minerals agreement on May 12. Ukraine's Prime Minister Denys Shmyhal said on April 27 that future U.S. military assistance may be counted as part of the fund's resources, although past aid will not be included. Despite lacking explicit security guarantees from the U.S. — a key priority for Kyiv — the agreement signals a new phase in U.S.-Ukraine economic cooperation. Read also: Editorial: Russia just said it doesn't want peace in Ukraine. This is what you need to do We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Yahoo
05-05-2025
- Politics
- Yahoo
Acting US chargé d'affaires arrives in Kyiv
Julie S. Davis, Acting US Chargé d'Affaires to Ukraine, arrived in Kyiv on 5 May. Source: European Pravda, citing the US Embassy in Ukraine Quote: "We are pleased to welcome new Chargé d'Affaires a.i. Julie S. Davis to Kyiv. Following the historic Ukraine Reconstruction Fund Agreement signing, Ambassador Davis arrives in Ukraine at a critical time to carry forward President Trump's policy to end the war and ensure lasting peace and prosperity in Ukraine." Details: As indicated in her official biography on the embassy's website, Ambassador Davis assumed her duties as Acting Chargé d'Affaires at the US Embassy in Kyiv on 5 May. Since 2023, she has served as the US Ambassador to Cyprus and will remain accredited there during her stay in Kyiv. Davis previously served as Ambassador to Belarus and as Special Envoy to Lithuania and has experience working in Georgia, Russia and Ukraine. She also held the post of Deputy Assistant Secretary of State for Western Europe and the EU in the Bureau of European and Eurasian Affairs and served as Deputy Permanent Representative to NATO. European Pravda notes that Davis is only temporarily heading the US Embassy in Ukraine, as ambassadorial appointments require Senate confirmation, while the role of chargé d'affaires is made by presidential administration decision. Background: Davis replaces former US Ambassador to Ukraine Bridget Brink, whose resignation was reported in April. Media reports indicate that Brink decided to leave the post amid growing disagreements with the Trump administration. Support Ukrainska Pravda on Patreon!
