U.S. and Ukraine sign minerals deal, Treasury Department announces

Profits from the fund would be reinvested in the Ukrainian economy for the first decade, and can be "distributed between the partners" after that, the fact sheet also said. An official at the Development Finance Corporation — a U.S. government agency helping to oversee the deal — said the joint fund will "make strategic investments in critical minerals, hydrocarbons, natural resources, and natural resources-related infrastructure in Ukraine, which will help diversify and secure supply chains essential to U.S. economic prosperity and national security." President Trump had pressed Ukrainian President Volodymyr Zelenskyy about an economic deal that would include access to Ukraine's minerals, framing it as a way of paying the U.S. back for aiding the Ukrainian military in its war with Russia.

Author: Joe Walsh

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