Using: what the vast economic agreement signed between Ukraine and the United States contains

Ukraine and the United States signed a vast economic agreement on Wednesday April 30.

It has been at the heart of discussions for weeks, but it is finally signed. A vast economic agreement was initialed on Wednesday April 30 between the United States and Ukraine, the two countries announced. “I am happy to announce the signature today of the historic economic partnership agreement” With Ukraine, said US finance minister Scott Bessent (see video at the top of this article).

Resource extraction

In particular, the agreement gives Americans access to Ukrainian natural resources. Of the “Movers, oil and gas extraction projects” The Ukrainian Minister of Economy said, said Ioulia Svyrydenko, who made the trip to Washington to sign the document.

Ukraine, however, retains “The full ownership and control of these resources” including the basement, and it will be “The Ukrainian state that determines where and what to extract”. The quantity of mining riches contained in the Ukrainian soil remains unclear, most of these resources being unexploited, difficult to extract or de facto under Russian control, because they are in territories occupied by the Russian army.

Rebuild Ukraine

The text also sets up a “Investment fund to invest in reconstruction” of Ukraine, funded and managed equally by Ukrainians and Americans. According to the American Treasury, this agreement also recognizes “The important financial and material aid that the American people has provided to the defense of Ukraine since the large -scale invasion of Russia”. This is an expression very rarely used by Washington since the return to power of Donald Trump. The United States provided, under the previous government of Joe Biden, tens of billions of dollars in assistance to Ukraine.

Donald Trump “wants the two parties to sit at the table, now, showing that the United States has an economic interest in Ukraine”and ELLIGANCE SCOTTS BESSENT SUG FOX NEWS. “This agreement clearly shows Russia that the Trump administration is engaged in a peace process centered on a free, sovereign and prosperous Ukraine in the long term”he had still written in a press release.

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On the other hand, the agreement does not seem to include US security guarantees against Russia, which is requested by Ukraine, a point on which Volodymyr Zelensky insisted. The document must still be ratified by the Ukrainian Parliament.