Ukraine Receives Revised Minerals Agreement From U.S.
Yulia Sviridenko. X/ @pueblopatriota
March 28, 2025 Hour: 9:27 am
‘The working version reflects the U.S. legal advisers’ position and perspective’, Sviridenko acknowledged.
On Friday, Ukrainian Economy Minister Yulia Sviridenko confirmed that her country is studying a new agreement proposal from Washington regarding the creation of a joint investment fund financed by the profits generated from Ukraine’s natural resources.
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Previously, U.S. media outlets reported that Washington had presented Kyiv with a new version of the agreement that was more favorable to U.S. interests than the document previously agreed upon by the governments of President Donald Trump and President Volodymyr Zelensky. That earlier version of the agreement was supposed to be signed on February 28 during Zelensky’s visit to the White House.
“The agreement with the United States on the creation of an economic fund for Ukraine’s reconstruction, known as the minerals agreement, is in the negotiation phase,” Sviridenko said, adding that “Ukraine is working to ensure that the agreement reflects all of its interests.”
“The working version we have received essentially reflects the position and perspective of U.S. legal advisers. We are defining our position. When necessary, we will consult with the Ukrainian Parliament,” she noted.
The Economy minister also emphasized the importance of the agreement for Ukraine and stated that “public debates on the text of the agreement will only harm the negotiations.”
U.S. President Donald Trump wants to sign an economic agreement with Ukraine to recover, through profits generated by Ukrainian resources, the money Washington has spent on helping Ukraine in the war.
Kyiv is willing to sign the agreement to continue receiving U.S. support but hopes it will include written security guarantees from Washington—something Trump has so far refused to offer.
The previous version of the agreement, accepted by both parties, stipulated that Ukraine would contribute half of the profits generated by the future exploitation of its natural resources to the fund. Ukraine was supposed to benefit from the fund through investments in its economy.
teleSUR/ JF
Sources: EFE – Xinhua
