After a long fight, the US and Ukraine agreed on the establishment of a reconstruction, which is also intended to give the United States access to soil treasures in the country attacked by Russia. The US Finance Minister Scott Bessent spoke about a “historical” economic agreement.
The contract, which in exchange for investments should appreciate Ukrainian raw materials such as weird Earths, had been negotiated for weeks. In a crucial phase of negotiations on a peace treaty in Ukraine with Russia.
“Clear signal for Russia”
Bessent is pleased to announce the signing, he said on Wednesday (local time) in a video message. The Reconstruction Fund sends a clear signal to Russia that President Donald Trump’s government is obliged to make a peace process that should lead to a free, sovereign and thriving Ukraine in the long term, was said in the Ministry of Finance.
That’s what Trump says about the new deal
US President Donald Trump pushes Russia and Ukraine into a fast end of the war and recently showed himself overwhelmed by the lack of progress. In the past, the Republican Ukraine put massive pressure on the resource demand. He considered potential profits of raw material reduction as compensation for the American financial and military support in the war against Russia.
According to the now agreed agreement, Trump emphasized that the United States would get much more back than they had invested so far. He confirmed that his perspective that an economic presence of the United States in Ukraine is also a security guarantee for the country. The American security guarantees required by Ukraine are in the air against Russia. In any case, they were not officially tackled in the course of the signing of the agreement. The Agreement must be ratified by the Ukrainian parliament before entering into effect.
For Ukraine, the Deputy Prime Minister and Minister of Economy Julia Swryrydenko signed the agreement with the United States on reconstruction for reconstruction. “Together with the United States, we create the fund that will bring worldwide investments in our country,” said Swrydenko on X.
Swrydenko: Ukraine does not have to repay military tools
The agreement will enable both countries to increase their economic potential through equal cooperation and investments. “The United States will participate in the fund. In addition to direct financial contributions, you can also offer new help – for example, air defense systems for Ukraine.” It was controversial in the negotiations on whether Ukraine has had to repay the military and financial aids of the United States so far using the exploitation of raw materials. According to Swrydenkos this is not the case.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
