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US and Ukraine sign natural resources deal and agree to establish investment fund

  • The United States and Ukraine signed a mineral resources deal in Washington on Wednesday, establishing a joint investment fund.
  • The agreement followed more than two months of negotiations amid a more than three-year war with Russia and U.S. Pressure for compensation.
  • The deal includes multiple documents, such as a main agreement and technical accords outlining the fund's structure, with Ukraine retaining sovereignty over its resources.
  • Treasury Secretary Scott Bessent said the partnership will "unlock Ukraine’s growth assets" and mobilize American capital and governance to accelerate economic recovery.
  • The agreement requires ratification by Ukraine’s parliament before taking effect, signifying a long-term U.S. Commitment to Ukraine’s economic and peace efforts amid ongoing conflict.
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US-Ukraine minerals deal: what we know

Washington and Kyiv have signed a new minerals deal that will see the United States invest in Ukraine's rare earth and other deposits as it seeks to reduce military aid to the war-torn country.

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UBN broke the news in on Tuesday, April 29, 2025.
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