A memorandum of intent outlining a joint US-Ukraine development of Ukraine’s natural resources was signed on April 17, 2025. The agreement, signed virtually by Ukrainian Minister Svyrydenko and US Treasury Secretary Bessent, lays the groundwork for a broader economic partnership agreement. This initiative also includes the creation of a reconstruction investment fund for Ukraine. While specifics remain undisclosed, the agreement promises mutual benefits for both nations. Further details regarding the contents of the deal are pending.
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A proposed US-Ukraine natural resources deal, described as a framework by President Zelensky, outlines a jointly managed investment fund where Ukraine contributes 50% of future revenues from state-owned assets. The agreement lacks explicit security guarantees, which Zelensky intends to discuss with President Trump during an upcoming meeting. While Zelensky emphasized the deal’s potential for success and future security, he clarified that Ukraine will not incur debt as part of this arrangement. The deal aims to attract investment and aid Ukraine’s post-conflict recovery, but has prompted concerns among some Ukrainians regarding resource access for the United States.
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