Ukraine signs Memorandum with US - Investments in minerals and reconstruction soon
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Ukraine and the US sign memorandum on minerals deal – the document confirms the intention to finalize and sign a deal on Ukrainian mineral resources, according to the Facebook post of Vice Prime Minister and Minister of Economy, Yuliia Svyrydenko.
“Today we took a step towards a joint Economic Partnership Agreement with the US. Ukraine and the United States of America signed a Memorandum that confirms the constructive joint work of our teams and our intention to finalize and conclude an agreement that will benefit both of our peoples,” stated the official.
Svyrydenko also announced that Ukraine is preparing to establish a Reconstruction Investment Fund for Ukraine.
“The corresponding agreement will open opportunities for significant investments, infrastructure modernization, and mutually beneficial partnership between Ukraine and the United States – this is the goal that the teams are working towards in the document,” she stated in her social media post.
Svyrydenko emphasized the importance of confirming that “we reaffirm through our agreements the American people’s desire to invest together with the Ukrainian people in a free, sovereign, and secure Ukraine.”
“The next steps are finalizing the text of the Agreement and its signing. Then – ratification by the parliaments,” said the Head of Ukraine’s Ministry of Economy.
She also expressed gratitude to “our technical teams – both Ukrainian and American – for their professional, constructive, and fast work.”
On April 17, President Volodymyr Zelenskyy stated that Ukraine and the US could sign a memorandum of intent today regarding the mineral resources agreement. The Head of State also added that legal teams are still working on the agreement itself.
The Ukrainian president also noted that negotiations on the agreement between the two countries continued in an online format on Thursday.
Last week, a delegation from Kyiv visited Washington to discuss the resource agreement.
As reported by Ukraine’s Minister of Economy, Yuliia Svyrydenko, significant progress was made during those discussions.
On April 17, US President Donald Trump stated that he expects the signing of the mineral agreement with Ukraine to take place on April 24.
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