On Wednesday evening, the US Finance Ministry announced that Washington and kyiv signed an agreement establishing “an investment fund in reconstruction”.
It will finance “mineral, oil and gas extraction projects” on Ukrainian soil, said Ukrainian minister of the Economy.
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Ukraine: 4ᵉ year of war
He had been expected for weeks. The US Finance Ministry announced Wednesday evening that the United States and Ukraine signed an agreement establishing “An investment fund in reconstruction”after weeks of harsh negotiations on access to Ukrainian natural resources.
“In recognition of the important financial and material support that the people of the United States has provided to Ukraine since the invasion of Russia, this economic partnership puts our two countries in position to collaborate and invest together to ensure that our assets, talents and capacities can accelerate the economic reconstruction of Ukraine”notes the press release, which does not give details on the content of the agreement.
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“With the United States, we create this fund which will attract global investments in our country”was welcomed the Ukrainian Minister of the Economy, Ioulia Svyrydenko, who made the trip to Washington to sign the document. The agreement with Washington will finance “Movers, oil and gas extraction projects”said the Ukrainian minister on Facebook. But Ukraine “retains full ownership and control of these resources” y including the basement, and it will be “The Ukrainian state that determines where and what to extract”she said.
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President Donald Trump reiterated on Wednesday, before signing, that the United States wished, “For our efforts” With regard to Ukraine, to have something in return. “And we said: rare earths. They have very good rare land.”
