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US and Ukraine Sign Historic Agreement to Divide Natural Resource Profits


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US, Ukraine Sign Deal to Share Natural Resource Profits

Profits from Ukraine's mineral wealth will be divided between the US and Ukraine, tying future US security assistance to economic development.

Following months of intense negotiations, Washington and Kyiv concurred on arrangements for sharing some of the proceeds from any eventual sale of Ukraine's energy and mineral reserves. The agreement aims to encourage the US to continue investing in the defense and reconstruction of Ukraine while addressing Washington's concerns about the amounts already expended in this regard.

Titanium, lithium, and graphite are among the vital minerals that are thought to be abundant in Ukraine. Their application in infrastructure, military technology, and renewable energy makes them extremely desirable. As stated by US Treasury Secretary Scott Bessent, it showed both sides' dedication to long-term peace and progress in Ukraine.

The agreement also stipulates the establishment of an investment fund to support Ukraine's post-war economic development. On Wednesday afternoon, the U.S. Treasury said that the newly created US-Ukraine Reconstruction Investment Fund acknowledges the considerable material and financial assistance provided by the U.S. to Ukraine following the February 2022 Russian invasion.

The US Treasury Secretary stated in a video message posted online that the agreement will aid in the release of Ukraine's growth resources. The announcement's language is more Ukraine than anything the Trump administration has said.

Besides referring to Russia's full-scale invasion, it states that any country or individual providing any form of financing or supplies to the Russian war machine shall not profit from the rehabilitation of Ukraine.


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