Ukraine and the United States have completed an important stage of negotiations, officially confirming the signing of an agreement on the development of the mineral and raw materials sector and the creation of a joint investment fund for reconstruction
Ukrainian Minister of Economy Julia Sviridenko announced this in her official Facebook post, where she also added: “Together with U.S. Secretary of the Treasury Scott Bessant, I signed the Agreement on the establishment of the U.S.-Ukraine Reconstruction Investment Fund.” This event marks another step in deepening bilateral economic cooperation between the two countries, which is expected to serve as a driver for the recovery of Ukraine’s economy and the development of its mining sector. It is worth recalling that the first Deputy Prime Minister and Minister of Economy, Julia Sviridenko, traveled to Washington to sign this strategic agreement. She participated in several technical consultations with the American side, including with U.S. Secretary of the Treasury Scott Bessant, to agree on all details of the document and define key areas of cooperation. According to sources, the signing process was actually at risk of being derailed at the end of last week, when it seemed that agreements with American colleagues might fall through due to internal political and economic disagreements. According to Bloomberg reports, the draft agreement envisages the creation of a joint fund that would attract investments into the energy sector, mining industry, and related areas of the Ukrainian economy. This decision aims to ensure the gradual rebuilding and modernization of infrastructure, as well as to enhance the potential for the development of the country’s strategic minerals. The Ukrainian delegation held a series of technical consultations in Washington on April 11–12 with representatives of the Trump administration regarding access to mineral resources and financial support mechanisms. The Ukrainian Ministry of Economy published the official text of the memorandum with American partners, which became the basis for the signing of the official economic partnership agreement. According to this document, the created investment fund will have the right to invest in both the development of deposits and the expansion of infrastructural projects in sectors of strategic importance to Ukraine. This opens new opportunities to attract foreign investments and ensure stable economic growth in the coming years. At the same time, the signing of the agreement paves the way for launching long-term partnership projects that could significantly improve the management and utilization of natural resources.