U.S. and Ukraine Sign Agreement for Joint Mineral Exploitation

• US and Ukraine Sign Agreement
• Creation of the Investment Fund
• No Future Military Assistance Included

The United States and Ukraine signed a historic agreement on Wednesday, establishing the US-Ukraine Investment Fund for Reconstruction.

The US Department of the Treasury released a statement detailing the terms of the agreement.

The goal of the deal is to strengthen economic cooperation between the two countries by leveraging their resources, talent, and capabilities to accelerate Ukraine’s economic recovery.

This initiative builds upon the material and financial support the US has provided to Ukraine since the Russian invasion.

US and Ukraine Agreement for Economic Reconstruction

????| U.S. and Ukraine sign agreement for joint exploitation of Ukrainian minerals

The agreement was originally set to be ratified by Trump and Ukrainian President Volodymyr Zelensky at the White House in late February.
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President Donald Trump led the effort in coordination with the Department of the Treasury and the International Development Finance Corporation.

Both institutions will work with the Ukrainian government to define the program’s governance structure.

The agreement, initially scheduled for signing in February, was delayed due to a disagreement between Trump and President Zelensky.

US media reported that the deal does not include guarantees of future military assistance from the US.

Investment Fund for Economic Recovery

However, access to Ukraine’s rare mineral resources is seen as compensation for the military support previously provided to the European nation.

Trump emphasized in the statement that this agreement is an important step toward peace, aiming to secure a free and prosperous Ukraine in the long term.

The agreement also specifies that no country or individual who has supported Russia’s war machine will benefit from Ukraine’s reconstruction.

Treasury Secretary Scott Bessent noted that although there were last-minute challenges, the agreement represents a serious commitment by both parties.

Ukraine’s Minister of Economy, Yulia Svyrydenko, signed the agreement on behalf of the Ukrainian government.

Svyrydenko highlighted on social media the positive impact the deal will have in attracting international investment to Ukraine.

The signing comes shortly after the first 100 days of Trump’s second term, with the conflict in Ukraine as a central focus.

Additionally, the U.S. government has expressed growing frustration over the lack of tangible progress in peace talks between Ukraine and Russia.

Meanwhile, Russia has announced a temporary ceasefire to mark the 80th anniversary of victory over Nazi Germany, though it has rejected Zelensky’s proposal for a 30-day truce.

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With information from the EFE agency and BBC.