Washington (TDI): The United States and Ukraine signed a minerals and investment deal that provides Washington preferential access to Ukrainian mineral projects and establishes a joint fund for Ukraine’s post-war reconstruction.
The agreement, inked in Washington after months of complex talks, was strongly supported by US President Donald Trump, who has pushed for a tangible return on US aid to Ukraine.
The deal is central to efforts by Ukraine to rebuild ties with Trump’s administration, which had grown tense since his return to office in January.
Ukrainian officials said the agreement could help secure continued US support in the country’s war with Russia.
The agreement was inked by Ukrainian First Deputy Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent in a ceremony in Washington.
Washington remains Kyiv’s largest military donor since Russia’s 2022 invasion, providing over $72 billion in assistance.
Read More:Â Deal Delayed as Rubio Skips London Round of Talks on Ukraine
Before the signing, President Trump reiterated that Washington’s support should come with returns, citing Ukraine’s rare earth mineral deposits as a strategic benefit to US interests.
Read More:Â US, Ukraine One Step Closer to Critical Minerals Deal
The Treasury said in a statement that the partnership acknowledges Washington’s considerable financial and material support to the defense of Ukraine since Moscow’s full-scale invasion.
Farkhund Yousafzai is an Associate Editor at The Diplomatic Insight.