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Ukraine and US Reach Preliminary Mineral Revenue Deal
Agreement Details
Ukraine has announced a preliminary deal to allocate a portion of its mineral resource revenues to the United States. The agreement is set to be finalized during President Volodymyr Zelenskyy’s visit to Washington on Friday, where he is expected to meet with President Donald Trump.
Economic Partnership Through a Reconstruction Fund
As part of the agreement, Ukraine will contribute 50% of proceeds from its state-owned natural resource assets and related infrastructure to a newly established Reconstruction Investment Fund. This fund will be jointly managed by both nations and aims to attract investment while promoting economic development in Ukraine.
No Security Guarantees Included
While Ukraine has sought security assurances from the U.S. in exchange for the mineral rights agreement, the deal does not explicitly include such guarantees. Discussions on continued military aid are expected to take place during the meeting between the two presidents.
Strategic Importance of Ukraine’s Resources
The deal underscores the critical role of Ukraine’s vast mineral wealth in shaping its economic and geopolitical relations with the U.S. President Trump has described the agreement as a “very big deal,” highlighting its significance in the broader context of U.S. support for Ukraine.
“Ukraine and US Reach Preliminary Mineral Revenue Deal”