Ukraine’s government has announced the signing of the outline of a minerals deal between the war-torn country and the US.
Economy Minister Yulia Svyrydenko said the memorandum of intent paved the way for what she called an economic partnership agreement. She said a final deal would also involve an investment fund for the reconstruction of Ukraine. US officials expressed hope that an accord could be completed by the end of next week. […]
The White House did not respond to a request for further details on the timing and contents of the agreement, Reuters news agency reports. The move is a step towards a deal that would allow the US access to Ukraine’s critical minerals, as well as oil and gas.
Previous reports indicated that an ”investment fund” would be set up for Ukraine’s reconstruction and would be managed by Kyiv and Washington on ”equal terms”.
President Volodymyr Zelensky had been hoping to use the deal to secure a US security guarantee in his country in the event of a ceasefire deal with Russia.
However the plan was derailed in February by Zelensky and Trump’s heated clash at the White House. Läs artikel