6 hours ago
Last Updated:May 01, 2025, 06:42 IST
Details emerging from a draft of the agreement indicate that the United States could gain preferential access to future Ukrainian natural resource deals.
US President Donald Trump with his Ukrainian counterpart Volodymyr Zelenskyy. (Reuters file image)
Ukraine and the United States formalized an agreement establishing a joint fund aimed at bolstering Ukraine’s reconstruction efforts. Details emerging from a draft of the agreement indicate that the United States could gain preferential access to future Ukrainian natural resource deals, it was reported. This aspect of the accord is likely to spark debate as Ukraine seeks to rebuild its economy while navigating international partnerships.
The US Treasury Department released a statement emphasizing the significance of American support. “In recognition of the significant financial and material support that the people of the United States have provided to the defense of Ukraine since Russia’s full-scale invasion, this economic partnership positions our two countries to … accelerate Ukraine’s economic recovery," the statement read.
Location :Washington D.C., United States of America (USA)
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