U.S. and Ukraine sign landmark deal on mineral access and reconstruction funding
The post U.S. and Ukraine sign landmark deal on mineral access and reconstruction funding appeared on BitcoinEthereumNews.com. On Wednesday, Ukraine and the U.S. finalized a deal strongly championed by President Donald Trump, granting the United States preferential access to new Ukrainian mineral agreements and funding for Ukraine’s reconstruction efforts. The accord was signed in Washington after months of tense negotiations, with uncertainty lingering until the final moments due to an eleventh-hour issue. This agreement establishes a joint investment fund for Ukraine’s reconstruction as Trump tries to secure a peace settlement in Russia’s three-year-old war in Ukraine. The correspondence is important to Kyiv’s efforts to improve its relationship with Trump and the White House, which was not good after he took office in January. U.S.-Ukraine pact seeks to cement support and economic recovery amid ongoing war According to a Treasury post on X, U.S. Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister Yulia Svyrydenko were shown signing the agreement, which noted the deal “clearly signals the Trump Administration’s commitment to a free, sovereign, prosperous Ukraine.” Svyrydenko said on X that the accord allows Washington to contribute to the fund. Since Russia’s 2022 invasion, Washington has been Ukraine’s largest military donor, contributing over 64 billion euros ($72 billion) in aid, according to the Kiel Institute in Germany. Prior to the signing, Trump reiterated on Wednesday that the U.S. should receive something in return for its support to Kyiv, leading to the push for a deal focused on Ukraine’s abundant rare earth mineral deposits. In announcing the agreement, the U.S. Treasury pointed out that the U.S. has “provided significant financial and material support to Ukraine’s defense” following Russia’s invasion. A deal draft revealed that Ukraine won a removal of any obligation regarding reimbursing the U.S. for previous assistance, a point that Kyiv had vigorously fought. According to Ukrainian officials, the deal strengthened American support for Kyiv during the war.…
The post U.S. and Ukraine sign landmark deal on mineral access and reconstruction funding appeared on BitcoinEthereumNews.com.
On Wednesday, Ukraine and the U.S. finalized a deal strongly championed by President Donald Trump, granting the United States preferential access to new Ukrainian mineral agreements and funding for Ukraine’s reconstruction efforts. The accord was signed in Washington after months of tense negotiations, with uncertainty lingering until the final moments due to an eleventh-hour issue. This agreement establishes a joint investment fund for Ukraine’s reconstruction as Trump tries to secure a peace settlement in Russia’s three-year-old war in Ukraine. The correspondence is important to Kyiv’s efforts to improve its relationship with Trump and the White House, which was not good after he took office in January. U.S.-Ukraine pact seeks to cement support and economic recovery amid ongoing war According to a Treasury post on X, U.S. Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister Yulia Svyrydenko were shown signing the agreement, which noted the deal “clearly signals the Trump Administration’s commitment to a free, sovereign, prosperous Ukraine.” Svyrydenko said on X that the accord allows Washington to contribute to the fund. Since Russia’s 2022 invasion, Washington has been Ukraine’s largest military donor, contributing over 64 billion euros ($72 billion) in aid, according to the Kiel Institute in Germany. Prior to the signing, Trump reiterated on Wednesday that the U.S. should receive something in return for its support to Kyiv, leading to the push for a deal focused on Ukraine’s abundant rare earth mineral deposits. In announcing the agreement, the U.S. Treasury pointed out that the U.S. has “provided significant financial and material support to Ukraine’s defense” following Russia’s invasion. A deal draft revealed that Ukraine won a removal of any obligation regarding reimbursing the U.S. for previous assistance, a point that Kyiv had vigorously fought. According to Ukrainian officials, the deal strengthened American support for Kyiv during the war.…
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