U.S. and Ukraine sign landmark deal to establish reconstruction fund and secure natural resources access

This strategic partnership not only gives the U.S. vital access to Ukraine's mineral wealth but also positions both nations for economic recovery amid ongoing conflict, reshaping regional dynamics.

Sources:
USA TodayDwIndependent+8
Updated 4h ago
Section 1 background
Future Outlook

Long-term Vision for U.S.-Ukraine Economic Cooperation

Key Facts
  • Strategic investment is aimed at economic recovery and innovation, with a focus on attracting global investments into Ukraine.Dw

Related Videos

U.S., Ukraine sign long-awaited minerals deal
US Ukraine minerals dealinvestment dealkey mineralsnational securityCBS News
What's the big minerals deal between the U.S. and Ukraine?
U.S.Ukrainemineralseconomic dealnatural resources
US Is Ready to Sign Ukraine Minerals Deal Now: Bessent
USUkraineminerals dealScott BessentWhite House
Section 2 background
Background Context

Foundations of the U.S.-Ukraine Reconstruction Investment Fund

Percentage of profits and royalties for the fund
50%
USA Today
Key Facts
  • Ukraine and the U.S. signed a long-awaited agreement on a joint fund to invest in Ukraine's reconstruction on April 30, providing Washington with preferred access to natural resources.USA TodayAljazeeraTheguardian+4
  • Joint U.S.-Ukrainian Fund for reconstruction will receive 50% of profits and royalties from new natural resources permits in Ukraine, reflecting an equal partnership.USA TodayCnbc
  • Ukrainian Economy Minister Yulia Svyrydenko emphasized that Kyiv will retain full ownership of its mineral resources despite the joint fund.Dw
  • U.S. Treasury Secretary Scott Bessent highlighted that the agreement marks a significant commitment to a peace process centered on a free and prosperous Ukraine.Aljazeera
Article not found
Home

Source Citations