The US and Ukraine are set to sign a long-awaited mineral rights agreement, finally formalizing negotiations that have lasted months. American President Trump announced the agreement, expected to be signed on April 24. Ukrainian Minister of the Economy, Yulia Svyrydenko, highlighted the progress made, indicating collaborative efforts by legal and technical teams. This agreement is vital as Ukraine possesses key mineral deposits, including strategic resources like lithium and uranium, essential for the US military and energy sectors. A prior attempt to finalize this deal faced setbacks due to internal disputes among US officials.
We have now agreed with the American side to record this progress in the relevant memorandum of intent. We are preparing to complete the formalization of the agreement in the near future.
a positive new step has been made in the ongoing progress with the United States on the Economic Partnership Agreement and the creation of an investment fund for the reconstruction of Ukraine.
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