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Ukraine and American sign Memorandum on Minerals, Kiev says Russia-Ukraine War News

AFP 20250417 42P28NQ v1 HighRes UkraineRussiaConflictWar 1744925137 AFP 20250417 42P28NQ v1 HighRes UkraineRussiaConflictWar 1744925137

Ukraine Officiic Yulia Svyrydenko did not release the details of the memorandum, says the job continues to ensure the final job.

Ukraine and the United States have signed a memorandum as an initial step towards the clinch of development agreements minerals In the country, Kyiv said the first Deputy Prime Minister and the Minister of Economy.

“We are happy to announce signing, with our American partners, the memorandum of the intention, which introduces the Economic Partnership Agreement and the establishment of the Ukraine’s Investment Fund”, written by Yulia Svyrydenko on the Social Network Platform X.

Kyiv and Washington discussed the signing of an agreement on the allocation of Ukraine’s strategic minerals in February, but the conflict between the US President Donald Trump and Ukrainian President Volodymyr Zelensky has temporarily let the job on agreement.

Trump says he wants a deal, designed to provide US payments to profit from Ukrainian mineralism resources and rare minerals, as a fee for the help of Ukraine, submitted by his predecessor, Joe Biden.

Svyrydenko did not publish the details of the memorandum, but said that the work continued towards the insurance of the final agreement.

“We hope that the Fund will become an effective means of attracting investment in the reconstruction of our country, modernization of infrastructure, business support and the creation of new economic opportunities,” she said.

“It’s a lot to do, but the current pace and significant progress give a reason to expect the document to be very useful for both countries.”

The Ukrainian delegation traveled to Washington at the end of last week for negotiations after the Trump Administration offered a new, expansive contract. The initial framework agreement agreed was never signed.

“We have bares for minerals, which I guess he will be signed on Thursday,” Trump told reporters in the White House earlier.

Zelenskyy has already also said that two countries could sign the Memorandum on the intention online.

“This is a memorandum of the intention. And we have positive, constructive intentions,” Zelensky said told reporters in Kiev.

He added that the offer is to sign the Memorandum before a comprehensive agreement, which would require ratification in the Ukrainian parliament, came from the American side.

American officials say strengthening American business interests in Ukraine helped in distract Russia from Future aggression In case of truce.

Kyiv is pushing for concrete military and security guarantees as part of any agreement to stop three-year war.

https://www.aljazeera.com/wp-content/uploads/2025/04/AFP__20250417__42P28NQ__v1__HighRes__UkraineRussiaConflictWar-1744925137.jpg?resize=1920%2C1440

2025-04-17 22:32:00

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