US Department of the Treasury / EPA
US Treasury Secretary Scott Bessent, and Ukrainian-Minister Vice-Minister Yulia Svyrydenko, sign a Ukraine Natural Resources Exploitation Agreement
The United States and Ukraine signed on Wednesday in Washington, an agreement that establishes an investment fund for the reconstruction of the country devastated by the war and grants President Donald Trump’s administration access to Ukrainian natural resources.
After harsh negotiations, the United States and Ukraine finally signed an agreement for US companies to have access to Ukrainian essential natural resources.
The agreement was signed this Wednesday in Washington by the Ukrainian vice-minister, Yulia Svyrydenkoand the US Treasury Secretary, Scott Betting.
“This agreement clearly signals Russia that the Trump administration is committed to a peace process Centered on a free, sovereign and prosperous Ukraine in the long run, ”the Treasury Department said in a press release.
“President Trump imagined this partnership between the American people and the Ukrainian people to Show the commitment on both sides With peace and lasting prosperity in Ukraine, ”adds the US Treasury note.
According to, the agreement provides for US access to Ukrainian natural resources from aluminum, graffiti and oilessential for the areas of the new Technologies and Defenseat a time when restrictions on the export of rare land elements of China increased the strategic importance of these elements.
A Ukraine claims to have guaranteed her interestssays the agency AFP, including the full sovereignty over their own rare landslargely not yet explored.
Trump had required the rights to mineral wealth of Ukraine as compensation for Thousands of millions of dollars in American weapons Submitted during the term of former Democratic President Joe Biden, after the Russian invasion that occurred just over three years ago.
Parallel to this agreement, they are underway multiple negotiations diplomatic in search of an exit to the war conflict.
By announcing the signature of the agreement in Washington, Scott Bessent commitment to both parties to peace and prosperity. ”
“This agree tclearly ransmites to Russia the commitment From Trump administration with a peace process centered on a free, sovereign and prosperous Ukraine in the long run, ”said Bessent.
“E, To be clear, no state or person who has financed or fueled the Russian war machine may benefit from the reconstruction of Ukraine”Added the US Treasury Secretary, quoted by.
“The agreement is good, fair and beneficial“, Said a publication on the Ukrainian Prime Minister, Denis Shmigalwhich added that both countries will create a Investment fund for reconstructionin which each part will have 50% of the right to vote.
“Ukraine maintains full control over its undergroundinfrastructure and natural resources, ”he said.
“Ukraine will not be required to pay of no debt for the thousands of millions of dollars in weapons and other American supports ”since the Russian invasion in February 2022, the ruler added.“ The fund’s profits will be reinvested exclusively in Ukraine”He said.
Washington and Kiev had signed in April a “” to complete a complex agreement on access to Ukraine’s natural and mineral resources.
Donald Trump had initially required 500 billion to Ukraine In mineral wealth – about four times the contribution of the United States to the Ukrainian warfront since the beginning of the conflict.
Ukraine has about 5% of mineral resources and rare land in the worldaccording to several estimates. Although, in large part, have not yet been explored, many of the Ukrainian deposits are currently in territory under the control of Russian forces.
After signing the agreement, Russian drone attacks at night They killed at least two people and left 15 injured in Odessa in southern Ukraine, Ukrainian emergency services reported.
A Russia controls about 20% of Ukraine’s territory After more than three years of intense fighting that caused the deaths of tens of thousands of people, including civilians.
