Ukraine appoints Yulia Svyrydenko as government representative to US-Ukraine Reconstruction Investment Fund
Ukraine’s Cabinet has appointed Yulia Svyrydenko as the government’s authorized representative to the U.S.-Ukraine Reconstruction Investment Fund, replacing Yegor Perelygin. The appointment was formalized by Cabinet order No. 1116, signed by Prime Minister Serhii Koretskyi on October 23.
Key points
- Svyrydenko was appointed the government’s authorized representative to the U.S.-Ukraine Reconstruction Investment Fund.
- Cabinet order No. 1116 formalized the appointment; Prime Minister Serhii Koretskyi signed it on October 23.
- Yegor Perelygin, a former deputy economy and environment minister, previously held the post and was recalled.
- The fund has an initial capital of $150 million, including $75 million each from Ukraine and the United States.
- Its priorities include critical minerals, energy, transport and logistics, ICT and innovation.
- The fund began operating in April 2025 and seeks to mobilize U.S. and partner-country capital for Ukraine’s reconstruction.
Why it matters
The appointment places Ukraine’s government representative at a bilateral fund intended to finance economic recovery and attract private investment. The fund focuses on critical minerals, energy, transport and logistics, information and communications technology, and innovation.
What happened
Ukraine’s Cabinet appointed Yulia Svyrydenko as the government’s authorized representative to the U.S.-Ukraine Reconstruction Investment Fund, replacing Yegor Perelygin. The decision was formalized by Cabinet order No. 1116, signed by Prime Minister Serhii Koretskyi on October 23 and published on the Government Portal. At the time of the appointment, Svyrydenko was vice-rector for business-education development at the Kyiv School of Economics. The fund was created under a Ukraine-U.S. agreement signed on May 1, 2025, and began operating in April 2025. Its initial capital is $150 million, divided equally between Ukraine and the United States, and it aims to mobilize additional capital through private-investment incentives and partnerships with other public investors.
How Ukrainian sources describe it
Ukrainian reporting focuses on the government delegation and the order formalizing it, Svyrydenko’s business-education background, and the circumstances surrounding her earlier departure as prime minister. Reports also provide context on the fund’s investment priorities, equal contributions from Ukraine and the United States, and the reported volume of applications from Ukrainian and foreign companies.
Background
The U.S.-Ukraine Reconstruction Investment Fund was established under a Ukraine-U.S. agreement signed on May 1, 2025. Ukraine and the United States contributed $75 million each to its initial $150 million capital, with funds channeled through the U.S. International Development Finance Corporation. Svyrydenko said she sought her own dismissal as prime minister because the government needed updating before a difficult winter; media reported that she declined the post of ambassador to the United States.