Ukraine completes steps for minerals deal with US, deputy prime minister says

Reuters

Tue, May 13, 2025, 2:37 PM 2 min read

(Reuters) - Ukraine has concluded procedures for implementation of a woody with the United States connected exploiting minerals, including the cognition of an concern fund, the country's archetypal lawman premier curate said connected Tuesday.

Yulia Svyrydenko gave fewer details of the latest measurement successful securing support of the accord, promoted by U.S. President Donald Trump, but it was known that 2 further documents were drawn up arsenic portion of its implementation.

"Another milestone connected the way to launching the United States-Ukraine Reconstruction Investment Fund: Ukraine has completed each indispensable procedures connected schedule," Svyrydenko wrote successful English connected societal media.

She said a enactment certifying completion of the process had been handed to interim U.S. Charge d'Affaires Julie Davis.

"These are adjacent agreements — forward-looking, aligned with Ukraine's nationalist interests, and structured to guarantee concern flows exclusively into Ukraine’s betterment and growth," Svyrydenko wrote.

After weeks of pugnacious negotiations pursuing a shouting lucifer betwixt President Volodymyr Zelenskiy and Trump successful the Oval Office, Svyrydenko signed the minerals statement successful Washington and it was ratified past week by the Ukrainian parliament.

After that vote, Svyrydenko described the accord arsenic "not simply a ineligible conception — it is the instauration of a caller exemplary of enactment with a cardinal strategical partner."

The minerals statement hands the United States preferential entree to caller Ukrainian minerals deals and sets up the concern fund, which could beryllium utilized for the reconstruction of Ukraine for the archetypal 10 years.

Ukraine besides sees the woody arsenic a mode to unlock supplies of caller U.S. weapons, particularly further Patriot aerial defence systems it sees arsenic captious to support against Russian aerial attacks.

Zelenskiy hailed the reworked draught of the statement arsenic a marked betterment implicit earlier versions that immoderate critics successful Ukraine had denounced arsenic "colonial." The accord besides acknowledges Ukraine's bid to articulation the European Union.

(Reporting by Ron Popeski and Oleksandr Kozhukhar; Editing by Rod Nickel)