On Wednesday evening, the United States and Ukraine signed a landmark economic agreement establishing a joint Reconstruction Investment Fund aimed at revitalizing Ukraine’s economy and developing its vast natural resources. The 50/50 partnership focuses on critical sectors such as rare earth minerals, oil and gas, with all profits reinvested in Ukraine for the first decade.
The deal, signed at the U.S. Treasury Department, followed months of tense negotiations, including a high-profile dispute in February and a final push during a highly-publicized Trump-Zelensky meeting at the Vatican. Notably, the agreement does not impose any repayment obligations on Ukraine for previous U.S. military aid, addressing one of Kyiv’s primary concerns.
Ukraine’s Economy Minister Yulia Svyrydenko posted on X that the fund would be managed 50/50 and that future military aid from Washington could be considered a contribution.
“Together with the United States, we will create a fund that will attract Western investments to our country,” Svyrydenko said. “We will manage this fund jointly with the United States. Neither party will have a majority vote, reflecting an equal partnership between Ukraine and the United States.”
The fund will be filled with income only from new licenses “for projects in the field of critical materials and oil and gas,” which will be split in half between the US and Ukraine, according to Svyrydenko.
The US will also contribute to the fund — and can do so through “NEW assistance — for example, air defense systems for Ukraine.”
Svyrydenko further emphasized that the agreement aligns with Ukraine’s constitution and EU integration goals, while preserving state ownership of key energy firms.
The agreement is seen as a strategic move to bolster Ukraine’s economic resilience amid ongoing conflict with Russia and to strengthen U.S.-Ukraine ties by intertwining their economic interests.
This is a breaking news story. Please check back for updates.
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Is Zalinski a man of credibility? Am I reading the article correctly, Ukraine will have no payback responsibility to the U.S.? I don’t like that right off. Why should American taxpayers be stuck with another country’s fiscal responsibilities?
Good news that the young airhead is no longer on the surface of Planet Earth, first he endangers his United States citizenship by fighting for a foreign power, then he is killed while fighting against the Ukraine, a nation invaded by Putin’s armed forces, now he will NEVER come back to the USA and endanger our nation!