Ukraine Announces Contour Agreement on Mineral Pact with the United States

Ukraine’s government is advancing towards an economic partnership with the United States. The news was announced through a formal agreement, signaling what Economy Minister Yulia Svyrydenko termed as the beginning of a significant economic collaboration. This agreement includes the establishment of an investment fund aimed at Ukraine’s post-conflict reconstruction. Despite initial concerns over Donald Trump’s encounter with Ukraine’s President Volodymyr Zelensky, which had caused a temporary pause in discussions, both parties are now looking forward to finalizing the accord by the conclusion of next week. Svyrydenko confirmed the development via a post on X but provided no further specifics. The potential deal includes US access to Ukraine’s reserves of minerals and resources, with the fine print expected to be ironed out in the coming period. Zelensky had hoped this agreement would pave the way for a US security guarantee in the event of a peace agreement with Russia, an ambition that was momentarily obscured by his controversial meeting with Trump.

Source: https://www.bbc.com/news/articles/c20x5xn1g92o