The United States and Ukraine reached a deal that would give American firms privileged access to Ukraine\u2019s natural resources, according to officials.<\/p>\n\n\n\n
The agreement, which had been under negotiation for weeks, grants U.S. firms access to Ukraine\u2019s strategic natural resources\u2014including aluminum, graphite, oil, and natural gas\u2014and sets up a framework for long-term economic cooperation between the two countries.<\/p>\n\n\n\n
In a statement, the U.S. Department of the Treasury said the fund recognizes \u201cthe significant financial and material support\u201d the American people have provided to Ukraine since the start of Russia\u2019s full-scale invasion, and that the partnership is designed to accelerate Ukraine\u2019s postwar recovery.<\/p>\n\n\n\n
\u201cThanks to President Trump\u2019s tireless efforts to secure a lasting peace, I am glad to announce the signing of today\u2019s historic economic partnership agreement,\u201d Treasury Secretary Scott Bessent said. \u201cThis agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine.\u201d<\/p>\n\n\n\n
Bessent said that those who supported Russia\u2019s war machine would be barred from benefiting from Ukraine\u2019s reconstruction.<\/p>\n\n\n\n
The U.S. International Development Finance Corporation (DFC) will work with the Ukrainian government to finalize the fund\u2019s governance structure and begin implementation. Both sides have described the agreement as a milestone in bilateral cooperation.<\/p>\n\n\n\n
Ukraine\u2019s Deputy Prime Minister Yulia Svyrydenko, who traveled to Washington for the signing, confirmed the agreement in a statement: \u201cOn behalf of the Government of Ukraine, I signed the Agreement on the Establishment of a United States\u2013Ukraine Reconstruction Investment Fund. Together with the United States, we are creating the Fund that will attract global investment into our country.\u201d<\/p>\n\n\n\n
In early March, the White House ordered a freeze on military aid to Ukraine pending evidence of Kyiv\u2019s commitment to good-faith peace talks with Russia. \u201cWe are pausing and reviewing our aid to ensure that it is contributing to a solution,\u201d a senior official said at the time.<\/p>\n\n\n\n
The pause came after a tense Oval Office meeting where President Trump and Vice President J.D. Vance confronted Ukrainian President Volodymyr Zelenskyy over what they perceived as resistance to negotiations. No agreements were reached during that meeting, which ended abruptly.<\/p>\n\n\n\n
Officials from both countries had worked through several rounds of late-night negotiations, with some sticking points reportedly involving the governance of the fund and the transparency framework.<\/p>\n","protected":false},"excerpt":{"rendered":"
The United States and Ukraine reached a deal that would give American firms privileged access to Ukraine\u2019s natural resources, according to officials. The agreement, which had been under negotiation for weeks, grants U.S. firms access to Ukraine\u2019s strategic natural resources\u2014including aluminum, graphite, oil, and natural gas\u2014and sets up a framework for long-term economic cooperation between […]<\/p>\n","protected":false},"author":7,"featured_media":53986,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[15,2700,101,569,151,1430],"class_list":["post-53985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-featured","tag-russia-ukraine-war","tag-trump-administration","tag-ukraine","tag-united-states","tag-volodymyr-zelensky"],"yoast_head":"\n