The Treasury announced on Wednesday that Ukrainian and American officials signed a joint economic investment agreement that includes granting the United States to reach rare Ukrainian land minerals.
A press release of the Ministry of Treasury said that the two countries agreed to create an “investment fund in the United States of America for Ocuren,” in reference to this as an “economic partnership.” The statement did not include more details about the agreement.
Ukraine, Ukraine Minister of Economic Development, confirmed that she signed the deal. In a series of publications on X written in Ukrainian, it described it as a 50/50 partnership between the United States and Ukraine that includes the development of minerals, oil and gas projects. She said that the deal will be funded through direct investment, future American aid and revenues from new metal licensing deals – and no Ukrainian debt obligations are established.
According to the Ukrainian Fact newspaper, the United States will contribute to the fund “either through direct financial inputs or through new military assistance”, and the agreement focuses “more US military assistance.” Ukraine will contribute 50 % of any royalties from the future – but are not present – oil licenses, gas and minerals.
According to the deal, Ukraine will adhere to its natural resources, and the fund can only be invested in resource and infrastructure projects within Ukraine. The fact newspaper said that the profits from the fund will be re -invest in the Ukrainian economy over the course of the first decade, and it can be “distributed among the partners” after that.
President Trump was compressed Ukrainian President Foludmir Zelinski on an economic deal that would include access to Ukraine minerals, and its frame as a way to pay the United States to assist the Ukrainian army in it. War with Russia. It is believed that Ukraine Hold about 5 % One of the world's reserves for rare earth elements, which are Used in electronicsDefense technology and energy projects. Some of the country's reserves are located in parts of eastern Ukraine occupied by Russia.
Zelenskyy initially traveled to Washington in February to sign a metal deal with Mr. Trump. These plans were Go out of its path After an explosive oval office meeting between Mr. Trump and Zellinski and US officials including Vice President JD Vance. During the meeting, Vans Zellinsky was accused of existence Insufficient For American military assistance.
Negotiations continued Despite the general intensity. Earlier on Wednesday, Treasury Secretary Scott Bessin said at the cabinet meeting that the United States was ready to sign a deal, but Ukraine requested “changes at the last minute.”
He contributed to this report.
