Ukraine, US Expected to Sign Minerals Agreement Within 24 Hours

Ukraine and the United States are poised to sign a landmark minerals agreement within 24 hours, with officials from both countries finalizing the last details. The deal will establish a joint investment fund, split 50/50 in both governance and financial contributions, to support Ukraine's development and post-war reconstruction. Contributions to the fund will be made in cash, and the United States will be allowed to count new military aid as part of its share. Ukraine will allocate 50% of revenues from new mining licenses and royalties to the fund, while retaining full control over its subsoil, infrastructure, and natural resources. Both governments emphasize that the agreement is an equal partnership and does not conflict with Ukraine's commitments to European integration. After the main agreement is signed, two technical agreements on the fund's operation and financing will follow.