Ukraine Russia Online: A fund that will provide US access to Ukrainian minerals is already working

Ukraine announced the launch an investment fund that will provide the US for access to Ukrainian natural resources.

This was reported by the Ukrainian Truth or RBK-Ukraine servers, referring to Deputy Prime Minister and Minister of Economy Julia Svyrydenková, who had previously signed the relevant agreement with the US Finance Minister Scott Bessent.

« Ukraine and the United States (Friday) have completed all procedures to launch the US-Ukrainian renewal fund, » the Ukrainian minister wrote on the X Network.

According to her, the last step was a diplomatic note from the US, which was handed over to her in the morning by American chargé d’Ffaires in Kiev Julie Davis. « The fund is now officially launched, » Syrydenkova added.

It was she who signed the US Minister Bessent at the turn of April and May in Washington. A week later, the agreement was unanimously ratified by the Ukrainian Parliament and the competent law was then signed by President Volodymyr Greenable.

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The text of the agreement mentions Ukrainian supplies and deposits of more than five dozen minerals and oil or natural gas. It does not provide specific security guarantees to Ukraine, it talks about the possible future American military assistance of a country that defends Russian military aggression. If Washington approached it, it would be counted as an American contribution to the fund.

The agreement was the subject of a long negotiation. Washington and Kiev were close to its closure in February. But the signature came out of the emotional rupture between US President Donald Trump, his vice president JD Vanc and President Greeny in the White House. (CTK)