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

  • On Wednesday, the United States and Ukraine signed a long-term natural resources investment agreement in Washington establishing a joint Reconstruction Investment Fund.
  • The deal followed months of negotiation amid the ongoing Russia-Ukraine war and U.S. Demand for access to Ukraine's rare earth minerals as partial compensation for military aid.
  • The fund will operate as a 50-50 partnership managed equally by both nations, investing exclusively in Ukraine's mineral projects while allowing Kyiv to retain full sovereignty and state ownership of subsoil resources.
  • Treasury Secretary Scott Bessent stated that the partnership will leverage U.S. Expertise, financial resources, and management practices to enhance Ukraine's investment environment and support the country's rapid economic recovery.
  • This agreement aims to sustain U.S. Investment and technology for Ukraine's economic growth without altering Ukraine's EU integration, and it signals a long-term commitment despite the 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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