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Washington and Kyiv agree to establish Ukraine reconstruction fund

U.S. Treasury Announces Agreement with Ukraine to Establish‌ Reconstruction Fund

Teh​ U.S.​ Treasury Department announced that Washington ‌and Kyiv have⁢ reached‍ an agreement to create a joint investment fund for Ukraine’s reconstruction,according to Qatar’s Al Jazeera,as reported by Mehr News Agency.

The U.S. treasury claimed this agreement sends a clear message to Moscow that the Trump administration is committed to advancing ⁤peace efforts aimed at ​achieving a free and ⁢sovereign Ukraine.

In related news, Yulia Svyrydenko, ‌Ukraine’s Economy Minister, confirmed that the U.S.⁢ and Ukraine⁤ signed an‍ agreement to ​establish a joint fund for the country’s⁣ reconstruction. She stated the fund‍ would be created in cooperation with ⁣Washington and‌ aims to attract global investments into Ukraine.

Svyrydenko emphasized that ‌under the agreement, Kyiv retains full ownership and control over all natural resources within⁣ its land and waters.”Only the Ukrainian government will decide which resources are extracted and in which‍ regions—this is explicitly⁤ outlined in the⁤ agreement,” she said. The fund’s structure ⁢follows ​a​ 50/50 model, with joint⁤ management between Kyiv and Washington.

Meanwhile,Bloomberg reported‍ that the deal includes concessions for the U.S., such as access to Ukraine’s natural resources—including aluminum, graphite,⁢ oil, and natural gas—and opportunities for new investment projects in these sectors.

Earlier​ today,‍ Axios cited a​ Ukrainian deputy economy minister stating that Kyiv expects ​a mineral ‍cooperation agreement with Washington to be finalized today ‍after overcoming last-minute ⁤hurdles. The official clarified this deal was not designed ⁢as compensation for U.S.⁤ support but rather as groundwork enabling America to benefit from its defense assistance through investments.

U.S Treasury ‍Secretary told⁣ Fox News: “The U.S.-Ukraine deal is a win-win for both sides.” He ⁣claimed Trump seeks economic⁣ leverage⁢ in‌ Ukraine through this​ pact while pushing⁣ Moscow toward negotiations.

(Sources: webangah News Agency, Mehr News Agency)

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