Ukraine finalizes ratification of US minerals deal, paving way for joint investment fund
- Ukraine finalized the ratification of its minerals agreement with the United States on May 12, establishing a joint Reconstruction Investment Fund.
- The agreement followed months of difficult negotiations complicated by a collapsed signing in February and tense talks between President Zelenskyy and then-U.S. President Trump.
- The agreement provides the United States with privileged involvement in the development of Ukraine's valuable mineral resources, including key metals and strategic elements, while omitting previously disputed clauses and not offering explicit security assurances to Ukraine.
- On May 8, Ukraine's parliament approved the deal with 338 deputies supporting it, and Prime Minister Denys Shmyhal indicated that forthcoming U.S. Military assistance might be considered as contributions to the fund.
- This agreement aims to deepen economic ties, support Ukraine's reconstruction, and signals a long-term partnership that could strengthen national security and link future attacks on Ukraine to U.S. Interests.
18 Articles
18 Articles
Ukraine completes steps for minerals deal with US, deputy prime minister says
Ukraine has concluded procedures for implementation of a deal with the United States on exploiting minerals, including the operation of an investment fund, the country's first deputy prime minister said on Tuesday. Read more at straitstimes.com.
Ukraine’s Rare Earth Mineral Deal With Washington Gains Time for Kyiv - WhoWhatWhy
Washington and Kyiv’s decision to ink a long-awaited deal that gives the US preferential rights to extract minerals, including rare earths and hydrocarbons, from Ukraine followed weeks of negotiations and ultimatums. The decisive moment occurred at the funeral of Pope Francis on April 26, during the brief meeting at the Vatican between President Donald Trump and Ukrainian President Volodymyr Zelenskyy. “What we have is the first result of the Va…
Kiev-Washington mineral resources deal will be difficult to implement – media
Several American experts have identified problems in the implementation of the agreement between the US and Ukraine regarding minerals, The Washington Post reported. The newspaper highlighted many factors that would make US companies hesitant about exploring oil and gas in Ukraine. Washington and Kiev signed an “economic partnership agreement” on May 1 that will give […] The post Kiev-Washington mineral resources deal will be difficult to implem…
Ukraine finalizes ratification of US minerals deal, paving way for joint investment fund
Ukraine completed the ratification of the U.S.-Ukraine minerals agreement on May 12, according to the Verkhovna Rada's website. President Volodymyr Zelensky signed the deal on May 12.The finalization caps a months-long, often contentious negotiation process between Kyiv and Washington over critical minerals cooperation. The deal is aimed at deepening economic ties, boosting Ukraine's reconstruction, and positioning the country as a supplier of…
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