US-Ukraine Mineral Deal: Securing Defense Investment, Raising Questions
The US and Ukraine finalized an agreement establishing a joint US-Ukraine Reconstruction Investment Fund, leveraging future mineral and rare earth profits to rebuild Ukraine after a potential peace deal with Russia. The 50/50 split ensures Ukraine retains full control over its resources, focusing solely on new investments without incurring debt. This deal, initially fraught with contentious negotiations and last-minute pressure from the US, aims to incentivize further US investment in Ukraine’s defense and reconstruction while deterring Russia. The fund, requiring Ukrainian parliamentary approval, is intended to begin repaying the substantial US aid provided to Ukraine.
John Q. Hosedrinker