US, Ukraine Sign Landmark Resource Deal for Reconstruction Fund
US, Ukraine Sign Landmark Resource Deal for Reconstruction Fund

US, Ukraine Sign Landmark Resource Deal for Reconstruction Fund

News summary

The United States and Ukraine have signed a long-awaited economic agreement establishing a joint reconstruction investment fund, following months of difficult negotiations and political tensions. The deal grants the US preferential access to Ukraine's valuable mineral resources, including rare earth metals, in exchange for continued American financial and investment support for Ukraine's post-war recovery. Ukrainian officials emphasized that Ukraine will retain ownership and decision-making power over its mineral assets, and the agreement is framed as an equal partnership managed jointly by both countries. President Trump strongly supported the deal, citing the need for the US to see returns on its substantial aid to Ukraine and positioning it as a means to secure future American support. The agreement is expected to attract global investment to Ukraine and signals Washington's ongoing commitment to Ukraine's sovereignty and economic recovery amid the ongoing conflict with Russia. Both governments presented the fund as a milestone that could help improve Ukraine's investment climate and accelerate reconstruction efforts.

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