Washington’s involvement may also help mitigate political opposition in Europe, while giving the U.S. strategic visibility over future Russian energy flows, sources told Reuters.
The agreement, signed on April 30, establishes a joint investment fund between Kyiv and Washington and grants the U.S. special access to projects developing Ukraine's natural resources.
Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
Ukraine's Infrastructure Minister Oleksandr Kubrakov during the Ukraine Recovery Conference in London, U.K on June 22, 2023. (Chris J. Ratcliffe/Bloomberg via Getty Images)
Ukraine has officially started negotiations on the restoration of air travel with American and European safety regulators, Infrastructure Minister Oleksandr Kubrakov said in an interview with RBC-Ukraine published on March 11.
The sky over Ukraine has been closed since the start of the all-out war in 2022 due to Russia's consistent aerial attacks across the country.
Kyiv is waiting for the first round of official feedback from regulators and is currently in talks with three Ukrainian companies that have confirmed they "want to fly," according to Kubrakov.
“The Ukrainian side is already sharing its vision with regulators of how the market will operate under martial law, as well as its risk assessment,” Kubrakov told RBC.
He did not elaborate on specific terms or airports that could potentially resume operations, but said Ukraine has "several (different) options."
Low cost airline Ryanair last year announced its plans to return to the Ukrainian market "once the skies over Ukraine have reopened for commercial aviation." Kubrakov confirmed that the company is planning to return once the airspace is open.
The minister said that Ukraine is also in consultation with the civil aviation administration of Israel, a country that he said is "the most successful example" of how airports can operate amid the threat of missile or drone attacks.
In late February, Andriy Yermak, the head of the Presidential Office, said that Ukrainian authorities were working to restore operations at one of the country's airports once security issues were addressed, without specifying which one.
Kubrakov said in September 2022 that the first city to resume flights could be Lviv, a major regional center in Ukraine's west. Some of the past discussions mentioned Uzhhorod, a city lying at the border with Slovakia, as a potential candidate.
Kateryna Hodunova
