Ukraine, US sign minerals agreement after weeks of tensions
Ukraine and the United States have signed an economic agreement that will provide Washington with access to valuable rare minerals.
The two countries signed the accord in Washington, DC, on Wednesday after weeks of fraught negotiations, with uncertainty persisting until the last moment following word of an 11th-hour snag.
“In recognition of the significant financial and material support that the people of the United States have provided to the defense of Ukraine since Russia’s full-scale invasion, this economic partnership positions our two countries to … accelerate Ukraine’s economic recovery,” the US Department of the Treasury said.
“Together with the United States, we are creating the Fund that will attract global investment into our country,” First Deputy Prime Minister Yulia Svyrydenko wrote on X.
“Its implementation allows both countries to expand their economic potential through equal cooperation and investment,” she wrote. “The United States will contribute to the fund. In addition to direct financial contributions, it may also provide NEW assistance – for example air defense systems for Ukraine.”
