UATV English
February 26, 2025 at 11:41 AM
Ukraine and the U.S. Finalize Agreement on Rare Earth Resources
Ukrainian Prime Minister Denys Shmyhal announced that Ukraine and the United States have effectively finalized the agreement on rare earth resources.
He stated that the document is titled the "Agreement on Establishing Rules and Conditions for the Ukraine Reconstruction Investment Fund."
"This is a preliminary agreement that envisions the creation of an investment fund for Ukraine’s reconstruction, where Ukraine and the U.S. will jointly manage and finance the fund on equal terms. [...] This agreement is directly tied to security guarantees. Neither the president nor the government will consider it separately from security guarantees for Ukraine," Shmyhal said.
The Ukrainian government will review the text of the agreement today, the prime minister added.