US and Ukraine sign minerals deal that solidifies investment in Kyiv’s defense against Russia
theguardian.comPublished: 4/30/2025
Summary
The US and Ukraine have reached a groundbreaking agreement to share profits from Ukrainian minerals and rare earths, setting up a fund aimed at attracting global investments to support Ukraine's recovery. This deal is a significant step in Trump's peace efforts with Russia, ensuring long-term security without giving Russia economic leverage. The fund will be split equally between the US and Ukraine, focusing on new investments rather than debt obligations, preserving control over natural resources and infrastructure. Criticisms highlight concerns about the terms, but progress was finally made despite initial setbacks during tense negotiations.