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US and Ukraine Sign Rare-Minerals Economic Deal: What to Know

  

Category:  News & Politics

Via:  vic-eldred  •  last year  •  15 comments

By:   Gabe Whisnant (Newsweek)

US and Ukraine Sign Rare-Minerals Economic Deal: What to Know
The deal gives U.S. firms priority access to new investment projects involving resources such as aluminum, graphite, oil and natural gas.

S E E D E D   C O N T E N T


The United States and Ukraine finalized an agreement Wednesday granting Washington privileged access to Ukraine's rare-earth natural resources—a strategic move by Kyiv aimed at reinforcing President Donald Trump's support in ongoing ceasefire negotiations with Russia.

The deal allows U.S. firms priority access to new investment projects involving key resources such as aluminum, graphite, oil and natural gas. Ukrainian officials view the agreement as vital to maintaining Trump's goodwill as his administration intensifies efforts to broker an end to the war launched by Russia's full-scale invasion more than three years ago.

U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky meet in the Oval Office at the White House on February 28, 2025, in Washington, DC.U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky meet in the Oval Office at the White House on February 28, 2025, in Washington, DC.AFP/Getty Images

Yulia Svyrydenko, Ukraine's Minister of Economy, wrote on X, formerly Twitter, "On behalf of the Government of Ukraine, I signed the Agreement on the Establishment of a United States-Ukraine Reconstruction Investment Fund. Together with the United States, we are creating the Fund that will attract global investment into our country."

Treasury Secretary Scott Bessent posted on X, "Thanks to @POTUS@realDonaldTrump's tireless efforts to secure a lasting peace, I am glad to announce the signing of today's historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund to help accelerate Ukraine's economic recovery. Economic security is national security.

He added in his post that the U.S. International Development Finance Corporation "will work closely with the Government of Ukraine to establish this fund, and we look forward to quickly operationalizing this historic economic partnership for both the Ukrainian and American people."

This is a developing news story and will be updated as more information is available.


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Vic Eldred
Professor Principal
1  seeder  Vic Eldred    last year

I think Putin forced Zelensky to deal with Trump.

Not the way we planned, but another win for Trump & America.

 
 
 
devangelical
Professor Principal
2  devangelical    last year

it's going to be hilarious when maga corporate carpet baggers start disappearing there ...

 
 
 
Vic Eldred
Professor Principal
2.1  seeder  Vic Eldred  replied to  devangelical @2    last year

The idea is that their presence will be a deterrent.

 
 
 
devangelical
Professor Principal
2.1.1  devangelical  replied to  Vic Eldred @2.1    last year

the problem with that theory is maga republicans are now correctly recognized by ukrainians as russian sympathizers ...

 
 
 
Right Down the Center
Professor Participates
2.1.2  Right Down the Center  replied to  devangelical @2.1.1    last year

Link?

 
 
 
bugsy
Professor Participates
2.1.3  bugsy  replied to  Right Down the Center @2.1.2    last year

[✘]

 
 
 
Ronin2
Professor Quiet
2.2  Ronin2  replied to  devangelical @2    last year

Be more hilarious if leftists would put their bodies where their mouths are and actually volunteered for the Ukraine military.

Ukraine doesn't need you worthless platitudes- they need meat for the Russian grinder that runs in both directions and never gets clogged.

Also, coming from anyone that supported Brandon whose family made millions off of Ukraine for political favors/access calling anyone else a "carpet bagger" is the height of hypocrisy.

 
 
 
Tacos!
Professor Guide
3  Tacos!    last year

I don’t even need to see the deal. With Trump in office, no deal is worth the paper it’s printed on.

 
 
 
Greg Jones
Professor Participates
3.1  Greg Jones  replied to  Tacos! @3    last year

So it will be OK when J D Vance follows Trump as president?

 
 
 
Vic Eldred
Professor Principal
3.1.1  seeder  Vic Eldred  replied to  Greg Jones @3.1    last year

I think the US will be getting the essential mineral resources it needs and Ukraine may be spared from defeat.

 
 
 
Tacos!
Professor Guide
3.1.2  Tacos!  replied to  Greg Jones @3.1    last year

Probably, yeah.

 
 
 
Jeremy Retired in NC
Professor Guide
4  Jeremy Retired in NC    last year

Maybe the US can see some return on all the money Biden dumped into Ukraine with no accountability.

 
 
 
MrFrost
Professor Guide
4.1  MrFrost  replied to  Jeremy Retired in NC @4    last year

Congress spends money, not the President. 

 
 
 
Jeremy Retired in NC
Professor Guide
4.1.1  Jeremy Retired in NC  replied to  MrFrost @4.1    last year

Doesn't change what I said.

 
 
 
Tacos!
Professor Guide
4.2  Tacos!  replied to  Jeremy Retired in NC @4    last year
Maybe the US can see some return on all the money

We already have.

Fact Check: Does most U.S. aid to Ukraine go to U.S. companies and workers?

Yes

Nearly 70% of the $175 billion in U.S. aid to Ukraine since Russia’s 2022 invasion was spent in the U.S. or on U.S. forces, according to a study by the American Enterprise Institute published in May 2024.

Examples include the Presidential Drawdown Authority, the Foreign Military Financing Program and the Ukraine Security Assistant Initiative. The PDA arms Ukraine and pays U.S. companies for replenishing that armament. The FMF generates greater demand for U.S. firms by encouraging foreign countries to buy weapons from those firms. The USAI provides intelligence and logistical support to Ukraine, often through contracts with U.S. firms. Additional aid is spent on strengthening U.S. military presence abroad.
 
 

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