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US and Ukraine sign agreement creating investment fund
The U.S. and Ukraine have signed an economic partnership agreement to develop mineral resources in the Eastern European country amid its grinding war with Russia, the Trump administration announced Wednesday.
As part of the agreement, the U.S. and Ukraine will cooperate to establish an investment fund to help rebuild the Eastern European nation amid efforts to reach a peace agreement with Russia after more than three years of warfare.
“As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war,” Treasury Secretary Scott Bessent said in a statement announcing the deal. “This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term.”
Kyiv and Washington have been negotiating for months on an agreement, which would see the U.S. develop and profit from Ukraine’s vast natural resources, including critical elements and minerals vital to manufacturing modern technologies, and contribute to a reconstruction fund for Ukraine.
As part of the agreement, the U.S. and Ukraine will cooperate to establish an investment fund to help rebuild the Eastern European nation amid efforts to reach a peace agreement with Russia after more than three years of warfare.
“As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war,” Treasury Secretary Scott Bessent said in a statement announcing the deal. “This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term.”
Kyiv and Washington have been negotiating for months on an agreement, which would see the U.S. develop and profit from Ukraine’s vast natural resources, including critical elements and minerals vital to manufacturing modern technologies, and contribute to a reconstruction fund for Ukraine.
https://www.politico.com/news/2025/04/30/ukraine-agreement-investment-00319855
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