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00:00What does this deal mean for Ukraine? This deal means, first of all, equal
00:08partnership. The fund is created on 50-50 basis. So both parties, Ukraine and the United States,
00:17will make their contributions and have equal representation in the management. It will
00:24maintain control of Ukraine over sub oil infrastructure and natural resources. There
00:34will be no transfer of assets. The agreement is in line with the constitution of Ukraine and
00:41guarantees the inviolability of sovereign rights and state-owned enterprises and privatization
00:49are not part of the agreement. So we don't have concerns with regards to this. And
01:01this is about investments, not debts. The agreement doesn't mention debt obligations. The fund is a
01:10core investment instrument and can invest exclusively in Ukraine. And during first 10
01:19years, the profits from the fund can be only used to rebuild infrastructure and rebuild Ukraine.
01:27And after the 10th year, they can be distributed among the partners.