OR Ukraine It is ready to sign the deal with the US minerals even today Wednesday (30.4.25), according to Bloomberg cited by a person with knowledge of the subject. In a move that could enhance Washington’s support for Kiev, reinforcing their financial partnership.
According to Bloomberg, the draft of the agreement, which provides for the creation of a joint fund for the management of Ukraine’s investment plans, has been finalized and can be signed in the coming hours.
According to the financial agency, the Minister of Economy of Ukraine, Yulia Svirindenkois on the way to Washington to sign the agreement.
Under the agreement, the US and Ukraine will seek to create the conditions for “increasing investment in mining, energy and relative technology in Ukraine,” according to Bloomberg.
Washington also recognizes Kiev’s intentions to avoid any conflict of the agreement with its plans to join the European Union – which has long been considered a red line for Ukraine in talks.
At the same time, the US has agreed that only the future military assistance they may provide to Ukraine after the signing of the agreement would be calculated in their contribution to the fund, according to the draft agreement.
It is recalled that Ukrainian Prime Minister Dennis Smichal It had stated on Sunday that Washington abandoned its insistence on including tens of billions of dollars for assistance provided in Kiev since the start of Russia’s invasion.
The news comes as President Donald Trump is increasingly frustrated by delays in achieving a ceasefire in the war, which is currently in his fourth year. He has questioned whether Russian President Vladimir Putin is willing to make progress towards a peace plan that Trump sought to deliver within the first 100 days of his new term.
Trump is “sure” that an agreement will be signed on critical minerals with Ukraine, the White House said Tuesday.
What does the draft of the agreement foresee
The agreement “reinforces the strategic partnership between the parties for the long -term reconstruction and modernization of Ukraine in response to the large -scale disaster caused by Russia’s full -scale invasion,” according to the draft agreement.
Two other technical agreements that will determine how the Common Fund operate have not yet been finalized, the same source said.
US and Ukrainian officials signed a memorandum of intentions earlier in April and continued to settle the technical details of the agreement, which will provide the US the first claim on profits transferred to a special reconstruction investment fund.
The previous attempt to reach the agreement failed earlier this year, following Volodimir Zelenski’s explosive meeting with Trump and Vice President Jay Di Vance at the Oval Office.
Zelenski and Trump had met at St. Peter’s Basilica in the Vatican Last Saturday (26.4.25) before the funeral of Pope Francis.