Ukraine and now signed a memorandum, the initial step towards the mineral agreement
« We are happy to publish signing, with our American partners, a memorandum of intentions, which opens the way to the Economic Partnership Agreement and the establishment of the Investment Fund for the Reconstruction of Ukraine, » Sviridenko wrote on platform X.
Recall that US President Donald Trump seeks a bilateral mineral agreement as part of his efforts to end the war of Ukraine against the Russian invasion.
Trump also sees the agreement as a way of returning billions of dollars that the United States spent on military assistance to Ukraine. President Volodimir Zeleni said that Ukraine did not intend to recognize the military assistance of the previous US administration as a loan.
The United States has reduced the cost assessment intended for assistance to Ukraine from the beginning of the Russian invasion 2022. To about $ 100 billion with $ 300 billion, Bloomberg News reported on Wednesday, inviting the sources to get acquainted with the issue.
Last month, Trump’s administration proposed a new, broader agreement on minerals, which in turn does not provide any security guarantees for the future, but it is required to bring down all the revenue of the exploitation of natural resources of state and private companies in the Ukrainian territory.
The future agreement will require ratification in the Ukrainian parliament and is expected to contribute to economic growth in both countries, Sviridenko said yesterday, not publishing additional details.
« This will create opportunities for investment and development in Ukraine, but also to contribute to the establishment of conditions for tangible economic growth for both Ukraine and for the United States, » the Ukrainian official wrote yesterday.
