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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 mineral resources agreement in Washington amidst ongoing conflict.
  • The deal follows over three years of war with Russia, complex negotiations, and Ukraine's Cabinet expected approval before signing.
  • The agreement includes multiple documents with technical accords establishing a joint Reconstruction Investment Fund with shared governance.
  • Treasury Secretary Scott Bessent said the partnership will mobilize US capital and talent to improve Ukraine’s investment climate and economic recovery.
  • The deal aims to attract global investment while maintaining Ukraine's sovereignty over its resources, signaling US commitment despite slow peace progress.
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BBC News broke the news in United Kingdom on Wednesday, April 30, 2025.
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