A Ukrainian lawmaker says his country's parliament has voted to ratify a landmark mineral deal with the US
- On the last day of April 2025, a strategic minerals agreement was finalized in Washington, D.C., resulting in the creation of a jointly managed investment fund between the U.S. And Ukraine.
- The agreement followed prolonged negotiations and aims to unlock Ukraine's critical mineral wealth to reduce Western dependence on China amid recent trade tensions.
- The fund is a 50/50 partnership with Ukraine contributing half of royalties from new licenses and the US providing direct payments and potential military aid, without imposing debt on Ukraine.
- Industry insiders suggest the agreement is unlikely to generate substantial profits before a decade passes, with Timothy Ash describing it as more rhetoric than genuine investment.
- While symbolizing long-term commitment and supporting Ukraine's recovery, the agreement lacks explicit US security guarantees, making its success dependent on Ukraine's security and sustained investment.
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A Ukrainian lawmaker says his country's parliament has voted to ratify a landmark mineral deal with the US
A Ukrainian lawmaker says his country's parliament has voted to ratify a landmark mineral deal with the US.
·Cherokee County, United States
Read Full ArticleUkraine Business Roundup — Making sense of the minerals deal
The following is the May 6, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here.As I’m sure you saw, the U.S. and Ukraine finally signed the minerals agreement after months and months of back and forth and tense negotiations. Most people are in agreement that this version of the deal is much fairer than earlier versions observers called “…
·Kyiv, Ukraine
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Leaning Left5Leaning Right0Center3Last UpdatedBias Distribution63% Left
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