USUBC is pleased to share the recent interview with Matthew Murray, former U.S. Deputy Assistant Secretary of Commerce, Managing Member of Sovereign Ventures, and Chair of the Advisory Board at USUBC member Velta Holding.
In a conversation with Ia Meurmishvili, Editor-in-Chief and Co-Founder of Independence Avenue Media, Murray outlined the bold vision behind the new U.S.-Ukraine economic partnership.
The U.S. and Ukraine governments are creating a new “model of economic statecraft” in which joint development of critical raw materials strengthens mutual prosperity and national security.
Speaking about the U.S.-Ukraine Reconstruction Investment Fund — jointly established by the United States and Ukraine — Murray called it an “exemplary” of a U.S. whole-of-government approach to developing critical minerals, rebuilding Ukraine, and reshaping transatlantic economic ties in the face of growing Chinese resource dominance. Murray emphasized opportunities to transform Ukraine’s reserves of titanium, graphite, lithium and other critical minerals by coordinating development finance, geological and technical know-how, and other tools across U.S. agencies and engaging the U.S. private sector to achieve national security goals through economic means.
He noted that Velta Holding already supplies 2% of global titanium feedstock and plans to expand production and vertical integration: “We want to become a flagship case of how this partnership works.”
