Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Earth and minerals are loaded on trucks on a mine with an open bright near the front, despite the threat of bombing by Russian invasions that invade forces, on February 26, 2025 in the Donetsk region, Ukraine.
Pierre Croom | Getty Images | Gets the image
In the US and Ukraine there are signed The long -awaited mineral transaction that provides Washington’s preferential access to Kiev’s natural resources in exchange for the formation of an investment reconstruction fund.
A long expected an agreement that is long desired by the US president Donald Trumpcomes after months tense negotiations and over three years since the start of Russia a full -scale invasion Ukraine.
On Wednesday, US Treasury Secretary Scott Baverty said the economic partnership would allow both countries to invest together to speed up Ukraine’s economic recovery and help “promote the end of this tough and meaningless war.”
“This agreement accurately signals Russia that the Trump administration is committed to a peaceful process focused on free, sovereign and prosperous Ukraine in the long run,” the IDent said.
Since his inauguration in January, Trump has pushed minerals with Ukraine, saying the agreement For joint development and monetization Kiev’s deposits of rare lands, critical minerals, oil, gas and other natural resources will act effectively as US compensation in Ukraine throughout the war with Russia.
In this photo, published through official social media channels, President of Ukraine, President of Ukraine Loladimir Zelensky (R) meets with US President Donald Trump (L) during the funeral of Pope Francis at St. Peter’s Basilica in the Vatican, Vatican, Vatican, April 26.
Material | Getty Images | Gets the image
In the comments to the Town Hall on the news network, Trump said the transaction is a payback for the money that the US had carried out so far to support Ukraine’s military efforts.
Trump added that “I wanted to be protected. I didn’t want to be there and look stupid.”
The US president also confirmed that he had negotiated with President Vladimir Zelensky about the deal with minerals when they both attended Pope Francis’ funeral Last week.
Ukraine determine “where and what you can get”
Zelensky signaled that the outline of the transaction had already been agreed in mid -April.
Julia Sviriden, Minister of Economic Development and Trade of Ukraine, said on Wednesday the economic transaction is capable of ensuring success for both the US and Ukraine.
“It is important that the agreement is a signal to other global players, which is securely cooperating with Ukraine in the long run – over the decades,” Sviriden said through the X Social Media Platform, Google’s translation reports.
As part of the Sviriden Agreement – Note This Ukraine “determines where and what to get.”
She added that the fund is created at 50-50, which reflects an equal partnership between Washington and Kiev. Sviriden said that none of the parties will hold a dominant vote.
An uncertain future
Ed Verona, Senior Employee of the Atlantic Council of Eurasia, with a particular focus on Ukrainian restoration, – Note Kiev seemed to “little choice, except to agree with the conditions that reduce it to the status of a virtual colony.”
Going forward, a few questions of “nettle” means that the future of the deal is probably uncertain, Verona said.
These include whether the transaction with minerals should be ratified by Ukraine’s legislation, whether the amendments in such a vote and whether investors will be ready to make future projects.
On September 21, 2023, the employee works at the site of pink salt on Lake Sasik Sivash.
Stringer | AFP | Gets the image
“The history of transactions with mineral resources gives a broad reason to doubt that this will be delayed for the period that is usually required to develop large and capital projects with a leading term up to a decade,” Verona said.
“Russia, in irony of fate, gives an example of how the transactions related to resources can unravel. The joint order agreements signed in the difficult transition period of the 1990s were subsequently abolished by the regime (President Vladimir), and Western partners are forced to hand over control and most of the property in major projects,” he continued.
“I suspect that few serious US investors will put their shareholders at risk on the basis of such clearly unbalanced” transaction “.
– Holly Elite CNBC contributed to this report.
