Ukraine and the United States are preparing to sign an important agreement regarding mineral resource development and attracting American investments
Ukrainian Prime Minister Denys Shmyhal announced that the most anticipated document — a U.S.-Ukraine agreement on mineral resources — is close to signing. This agreement is expected to be a significant step in implementing strategic investment projects and the country's economic development. According to the Prime Minister, the final details of the agreement are currently being coordinated, and the signing could take place within the next few days — within 24 hours. He shared this information during a telethon on April 30, responding to questions about rumors and media reports concerning the swift implementation of this important document. Shmyhal emphasized that Ukrainian-American negotiations are in the final stage, and his team is preparing all necessary legal and technical details. Specifically, he noted that First Deputy Prime Minister Yulia Svyrydенко is already in the United States, where she is conducting negotiations with American colleagues regarding the signing of the contract. "Currently, we are finalizing all remaining details with our American partners. The work is proceeding according to plan, and we are fully ready to finalize this agreement as quickly as possible. As soon as all details are agreed upon, our country will sign this document, which will open a new chapter in cooperation on mineral resource development and attracting investments into the Ukrainian economy," the Prime Minister said. Shmyhal also added that all key aspects of the agreement have already been coordinated at the ministerial and agency levels. In addition to signing the main agreement, two more technical treaties are envisaged — regarding the creation and funding of an Investment Recovery Fund for Ukraine. This is a vital component that provides a legal and financial foundation for joint investments and reconstruction projects. The process of preparing to sign the agreement dates back to April 17, when Ukraine and the U.S. signed a Memorandum of Intent on establishing an official economic agreement and an Investment Fund for Ukraine's recovery. This document formalizes the intention to cooperate in attracting investments into mineral resources and infrastructure projects while ensuring that these initiatives do not hinder Ukraine's European integration efforts. According to the new agreement, a Fund for Investment in Ukraine’s Recovery is planned to be established, which will serve as a powerful tool to attract international capital and technological resources for the reconstruction and modernization of Ukraine’s economy and natural resources. For details about the agreements and prospects for cooperation, read our special material: "Rapid Minerals. What Ukraine and the USA Agreed in the New Mineral Resources Memorandum." In it, we analyze the main provisions and the potential impact of this agreement on the development of Ukraine’s industry and its energy independence. It is expected that signing these documents will be a significant step toward strengthening the partnership between the United States and Ukraine, opening new opportunities for investments, facilitating the introduction of modern technologies, and creating conditions for the sustainable development of the country — ensuring its long-term energy security and economic stability.