Friday, August 8, 2025
78.6 F
New York

U.S. and Ukraine Sign Draft Deal Granting Access to Critical Minerals

The United States and Ukraine have signed a draft agreement that would give Washington access to Ukraine’s valuable mineral resources, marking a key step in strengthening economic cooperation between the two nations.

According to Ukrainian Economy Minister Yulia Svyrydenko, the two countries finalized a memorandum of understanding that paves the way for a broader economic partnership and the creation of an investment fund to support Ukraine’s reconstruction efforts.

“We are pleased to announce the signing of a memorandum of intent with our American partners, which lays the foundation for an economic partnership agreement and the establishment of a reconstruction investment fund,” Svyrydenko said.

The agreement focuses on rare and strategic minerals located in Ukrainian territory, which are essential for advanced technologies, defense industries, and clean energy production. As global demand for critical raw materials grows, the deal is expected to deepen strategic ties and enhance supply chain resilience.

Further negotiations are expected to formalize the terms of the partnership in the coming months.

Hot this week

New Research Backs Peppermint Tea As Evening Coffee Substitute

A growing number of Americans are swapping their evening...

FDA approves migraine injection for children as young as six

The U.S. Food and Drug Administration (FDA) has approved...

Trump Pushes for Direct Peace Talks With Putin and Zelensky, Rubio Warns Progress Needed First

President Donald Trump is actively pursuing a high-stakes diplomatic...

Aquaman, Indian Edition: Cop Celebrates as Floodwaters Swallow His Home

When most people face a flood, they rush to...

Japan sets grim record with deaths outpacing births in 2024

Japan's population declined by over 900,000 in 2024, marking...

Topics

New Research Backs Peppermint Tea As Evening Coffee Substitute

A growing number of Americans are swapping their evening...

FDA approves migraine injection for children as young as six

The U.S. Food and Drug Administration (FDA) has approved...

Trump Pushes for Direct Peace Talks With Putin and Zelensky, Rubio Warns Progress Needed First

President Donald Trump is actively pursuing a high-stakes diplomatic...

Japan sets grim record with deaths outpacing births in 2024

Japan's population declined by over 900,000 in 2024, marking...

Trump’s Demands Delivered: U.S. Envoy Meets Putin in Moscow

Russian President Vladimir Putin met in the Kremlin for...

New US Tariffs Spark Global Trade Shock: India In Crosshairs

President Donald J. Trump signed a sweeping executive order...

Related Articles

Popular Categories