President Donald Trump’s administration signed a rare minerals deal with Ukraine in exchange for support against Russia.
“Thanks to President Trump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund,” said U.S. Secretary of the Treasury Scott Bessent in an emailed statement. “As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war. This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term. President Trump envisioned this partnership between the American people and the Ukrainian people to show both sides’ commitment to lasting peace and prosperity in Ukraine. And to be clear, no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine.”
America gets access to over 20 raw minerals along with oil and natural gas. From Fox News:
The U.S. is seeking access to more than 20 raw materials deemed strategically critical to its interests, including some non-minerals such as oil and natural gas. Among them are Ukraine’s deposits of titanium, which is used for making aircraft wings and other aerospace manufacturing, and uranium, which is used for nuclear power, medical equipment and weapons.Ukraine also has lithium, graphite and manganese, which are used in electric vehicle batteries.The deal will establish an equal partnership between the two countries and last for 10 years. Financial contributions to a joint fund would be made in cash, and only new U.S. military aid would count toward the American share.
Ukrainian Economy Minister and Deputy Prime Minister Yulia Svyrydenko announced the deal on X:
Thanks to the leadership and agreements between President Volodymyr Zelenskyy and President Donald Trump, Secretary of the Treasury Scott Bessant and I signed the agreement between Ukraine and the United States to establish the United States–Ukraine-Ukraine Reconstruction Investment Fund.I thank everyone who contributed to this Agreement and helped make it stronger. This document is capable of delivering success for both our countries — Ukraine and the United States.God bless Ukraine and God bless the United States of America.
Trump made it known for months that he was tired of America giving Ukraine billions for nothing.
Trump demanded access to rare minerals in Ukraine in exchange for our continuing help.
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