The United States sign a new mineral agreement with Ukraine: “These are investments, investments and investments”

• The United States and Ukraine have signed a major economic agreement Granting America’s preferential access to Ukraine’s rare land resources through a joint operation investment fund, the signaling improved the relationships between Donald Trump and Volodymyr Zelensky. Although the agreement avoids framing aid as a debt refund, it strengthens the United States’s influence on Ukraine reconstruction and sends a clear message of continuous support against Russian aggression.

Donald Trump and Volodymyr Zelensky appear to have buried the crochet as their nations sign a Offer of so long -awaited mineralsSolidifying America’s help in Ukraine in his war with Russia.

Since taking over the Oval Office, President Trump has needed Ukrainian President on how the billions in military aid supplied to the Eastern Europe nation after his territory was invaded by Russia.

The agreement agreed Yesterday, which would give to the United States the investment powers and preferential access to Ukraine’s rare land resources, it is less about resolving debt and more Ensure America’s role in Ukraine reconstruction.

Most noteworthy, it provides the United States the rights of access and vote on natural resources sought after Ukraine such as oil, gas and minerals, such as titanium, zirconi, graphite and manganes.

The agreement revolves around the establishment of the United States-Ukraine Reconstruction Fund, which will “unblock” Ukraine’s natural resources.

The fund will be borne by 50-50 Ukrainian and American representatives, with each nation with three seats on the board.

A Ukrainian official has described the agreement as “friendly” A far cry from Barbed’s perspectives when the ideal first presented.

“This agreement is a victory and is written in a friendly language. This is investments, investments and investments,” Ukraine’s Deputy Economics Minister, Taras Kachka said to axios.

What does the United States-Ukraine mineral treatment entail?

Although the most even points of the negotiations have not been made public, Ukraine Minister of Economics Yulia Svydenko shared some of the headlines X.

Perhaps the most prominent point is that the agreement contains “No Debts”: Born Trump President’s complaints than Ukraine It has a walking bill when it comes to north -American help.

“The agreement does not mention any Ukraine debt obligation with the US,” said Svyrydenko. “The implementation of the agreement will allow the two countries to improve their economic potential through equality of cooperation and investments.”

President Trump has previously stated that America has spent about $ 350 million in support of Ukraine, though the Foreign Relations Council He has calculated $ 128 billion for war effort.

For example, the diplomat confirmed that the agreement does not change the status of private or state companies, such as the Ukrnafta oil company or the Energiatom electricity provider, which are actively operating in the mineral industry.

Other details include the fact that the Fund will be exclusively refilled from the new licenses established after the agreement and that “the revenue of the projects already started or the expected budget receipts are not included.”

The politician added that the agreement is legal and complies with the national constitution of Ukraine and does not violate any international law. Any “planned” change is only related to the budget.

“Agreement is really an association”

Ukraine Prime Minister Denys Shmyhal, clarified later That no foreign dispute would be managed: “Disputes under this agreement are resolved by mutual consultations. In the previous agreement, this was stipulated (through procedures in a North -American Court) by virtue of North -American law.

“We have eliminated this so that the agreement is really an association. This is an important achievement.”

And the budget could change, probably for the advantage, added Svydenko. This is because the agreement not only says that America will “help attract additional investments and technologies,” but Svyrydenko adds: “Ukraine brings 50% of the state budget revenue from the new income in new plots.

“Ukraine can also make additional contributions beyond this reference line if it deems it necessary. This belongs to cooperation for later decades.”

The fund will also be exempt from taxes in both Ukraine and the United States to ensure maximum performance, added the diplomat.

This guarantee military help in Ukraine?

Like the financial details even more of the agreement, no confirmation of military support has been made public.

But,, Trump’s tone and Zelensky has warmed up From their famous sHowdown to Washington, DC

While Trump has it framed agreement as a “protection” of America’s contribution For Ukraine’s war effort, its administration has made it clear that this is a confrontation against Russia.

Trump, for example, said News On Wednesday, that the Ukrainian president would sign would be a “very good thing” because “Russia is much larger and much stronger”.

Similarly, in a video released after the announcement of the agreement, Treasury Secretary, Scott Bessent, said: “Today’s agreement clearly indicates Russian leadership that the Trump administration is committed to a free, sovereign, and prosperous ukraine process in a free, sovereign and prosperous ukraine.

“It is time for the cruel and meaningless war to end. The slaughter must stop, and both the United States and the Ukraine government expect to quickly operate this historic economic collaboration for both the Ukrainians and the North -Americans.”

Svyrydenko also added that, as part of the agreement, the United States will help Ukraine to “attract investments and technologies … who support our fight against the Russian enemy.”

He also added that in addition to direct funds, America could also bring a new air to projects such as Air Defense Systems.

It Deal opens doors for more support and assures Trump’s administration cannot remove the carpet from Ukraine’s feet.

This has previously happened, with America According to a temporary pause to share intelligence With Ukraine in March to promote Kyiv to peace negotiations.

The White House did not answer Fortune Request for comments on any military aid that the United States can offer to Ukraine.

This story originally presented to Fortune.com

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