American Ukraine PAC looks forwards to increased US Investment in Ukraine

The United States and Ukraine reached an agreement on a new mineral deal. (Full text available at the Kyiv Independent.)

The American Ukraine PAC looks forward to deepening economic ties between America and Ukraine and hopes this agreement will open more opportunities for American businesses in helping Ukraine develop its natural resources.

The American Ukraine PAC is hopeful that additional agreements including security guarantees will be reached in short order.

Ukraine has abundant mineral and natural resources, including the leading supply of titanium, lithium and other rare earth minerals.

Ukraine has been open to American investment since its independence in 1991. During this time, it has developed transparent laws and fair taxation for foreign companies. The American Chamber of Commerce in Ukraine has hundreds of members, including many leading US companies.

Since the overthrow of President Yanukovitch in 2014 during the Revolution of Dignity, both President Poroshenko and President Zelensky have worked to rid Ukraine of the corruption that flourished under President Yanukovitch.

In stark contrast to Russia, which has seized assets of foreign companies, such as Exxon, and arrested several foreign businessmen, Ukraine has strong shareholder protection for both foreign and Ukrainian companies.

The American Ukraine PAC looks forward to continued expansion of economic ties between American and Ukraine.