From conflict in February to agreement in April: U.S., Ukraine sign minerals deal
On Wednesday, Ukraine and the U.S. reached an agreement that grants the United States preferential access to new deals involving Ukrainian minerals and provides funding for investment in the reconstruction of Ukraine.
TroibNews 
On Wednesday, Ukraine and the United States formalized an agreement granting the U.S. preferential access to new mineral deals in Ukraine while also providing funding for the reconstruction of the country.
A photo shared on X by the U.S. Treasury captured Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister Yulia Svyrydenko signing the agreement. According to the Treasury, the deal "clearly signals the Trump Administration's commitment to a free, sovereign, prosperous Ukraine."
Bessent remarked that it underscores "both sides' commitment to lasting peace and prosperity in Ukraine."
The agreement sets up a joint investment fund aimed at supporting Ukraine's reconstruction efforts, as U.S. President Donald Trump seeks to achieve a peaceful resolution to the ongoing Russia-Ukraine conflict.
Svyrydenko noted on X that the deal involves U.S. contributions to the fund. She stated, "In addition to direct financial contributions, it may also provide NEW assistance – for example, air defense systems for Ukraine."
Ukrainian Prime Minister Denys Shmygal described the agreement as "good, equal and beneficial" during a national television broadcast. He highlighted that the reconstruction investment fund would give both parties 50 percent voting rights. In a Telegram post, Shmygal added, "Ukraine retains full control over its subsoil, infrastructure and natural resources." He also mentioned that "The fund's profits will be reinvested exclusively in Ukraine."
Originally scheduled for signing in February, the agreement was postponed following a contentious meeting between Trump and Ukrainian President Volodymyr Zelenskyy on February 28. This altercation led to delays in finalizing the minerals deal, prompting several rounds of negotiations between the two countries.
During his February 28 visit to the White House, Zelenskyy and Trump had an intense disagreement, which contributed to the postponement of the minerals agreement.
Following that meeting, representatives from both nations participated in multiple rounds of discussions in Saudi Arabia. On March 28, Ukraine announced that it had received a significantly revised draft of the minerals agreement from the U.S., which was characterized as "completely different" from the earlier version.
The Ukrainian delegation made a trip to the U.S. for "technical" discussions regarding the content of the agreement on April 11 and 12. Subsequently, Svyrydenko shared on X that a memorandum of intent on the minerals agreement had been signed by Ukraine and the U.S. on April 17. The text of this memorandum was released by the Ukrainian government on April 18.
Allen M Lee contributed to this article for TROIB News
A photo shared on X by the U.S. Treasury captured Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister Yulia Svyrydenko signing the agreement. According to the Treasury, the deal "clearly signals the Trump Administration's commitment to a free, sovereign, prosperous Ukraine."
Bessent remarked that it underscores "both sides' commitment to lasting peace and prosperity in Ukraine."
The agreement sets up a joint investment fund aimed at supporting Ukraine's reconstruction efforts, as U.S. President Donald Trump seeks to achieve a peaceful resolution to the ongoing Russia-Ukraine conflict.
Svyrydenko noted on X that the deal involves U.S. contributions to the fund. She stated, "In addition to direct financial contributions, it may also provide NEW assistance – for example, air defense systems for Ukraine."
Ukrainian Prime Minister Denys Shmygal described the agreement as "good, equal and beneficial" during a national television broadcast. He highlighted that the reconstruction investment fund would give both parties 50 percent voting rights. In a Telegram post, Shmygal added, "Ukraine retains full control over its subsoil, infrastructure and natural resources." He also mentioned that "The fund's profits will be reinvested exclusively in Ukraine."
Originally scheduled for signing in February, the agreement was postponed following a contentious meeting between Trump and Ukrainian President Volodymyr Zelenskyy on February 28. This altercation led to delays in finalizing the minerals deal, prompting several rounds of negotiations between the two countries.
During his February 28 visit to the White House, Zelenskyy and Trump had an intense disagreement, which contributed to the postponement of the minerals agreement.
Following that meeting, representatives from both nations participated in multiple rounds of discussions in Saudi Arabia. On March 28, Ukraine announced that it had received a significantly revised draft of the minerals agreement from the U.S., which was characterized as "completely different" from the earlier version.
The Ukrainian delegation made a trip to the U.S. for "technical" discussions regarding the content of the agreement on April 11 and 12. Subsequently, Svyrydenko shared on X that a memorandum of intent on the minerals agreement had been signed by Ukraine and the U.S. on April 17. The text of this memorandum was released by the Ukrainian government on April 18.
Allen M Lee contributed to this article for TROIB News
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