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US says minerals deal will strengthen Trump in talks with Russia - Hawaii Tribune-Herald

  • On May 2, 2025, the United States and Ukraine signed an accord in Washington granting the U.S. Priority access to new Ukrainian mineral resources.
  • The deal follows Russia's full-scale invasion of Ukraine in February 2022 and comes amid ongoing conflict, with Ukraine preparing to ratify the pact on May 8.
  • The agreement, heavily promoted by President Donald Trump, sets up a joint investment fund for Ukraine's reconstruction but stops short of security guarantees.
  • U.S. Treasury Secretary Scott Bessent said the deal sends a strong signal to Russia and strengthens Trump's negotiating position, while Ukrainian President Zelenskyy called it a 'truly equal agreement.'
  • The pact aims to improve U.S.-Ukraine ties and support Ukraine's economic and security recovery, with parliament expected to ratify it soon amid hopes for renewed U.S. Backing.
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Fox Business broke the news in United States on Friday, May 2, 2025.
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