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Reading: Ukraine and US sign ‘memorandum of intent’ on minerals deal
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Home » Blog » Ukraine and US sign ‘memorandum of intent’ on minerals deal
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Ukraine and US sign ‘memorandum of intent’ on minerals deal

Henry Blake
Henry Blake
11 months ago
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The first Ukrainian Vice Minister of Economy, Yulia Svydenko, speaks with Reuters, in the middle of the invasion of Ukraine of Russia of Ukraine, in kyiv, Ukraine, on February 1, 2024.
The first Ukrainian Vice Minister of Economy, Yulia Svydenko, speaks with Reuters, in the middle of the invasion of Ukraine of Russia of Ukraine, in kyiv, Ukraine, on February 1, 2024. Personal / Reuters

Ukraine and the United States on Thursday, April 11, signed a “memorandum of intention” to advance with a tense treatment for the access of the United States to Kyiv’s natural resources and minerals, kyiv said.

“We are happy to announce the firm, with our

kyiv and Washington had planned to sign an agreement on the extraction of the strategic minerals of Ukraine a clash between presidents Donald Trump and Volodymyr Zensky in February in February temporarily deranged the work on the agreement.

Trump wants the agreement, designed to give the United States royalty payments on the profits of Ukrainian mining of rare resources and minerals, such as compensation for the help given to Ukraine for his predecessor, Joe Biden.

Read more Subscripts only War in Ukraine: Zensky backed the corner for the new version of the United States or a mineral draft

Svydenko did not publish details of the memorandum, but said the work continued to ensure a final agreement. “We hope that the fund will become an effective tool to attract investments in the reconstruction of our country, the modernization of infrastructure, support for business and the creation of new economic opportunities,” he said. “There is much to do, but the current rhythm and significant progress give reasons to expect the document to be very beneficial for both countries.”

American officials say that promoting US commercial interests in Ukraine will help dissuade Russia from future aggression in case of high fire. Kyiv is pressing for military and concrete security guarantees as part of any agreement to stop the three -year war.

I move with AFP

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