Friday, April 18, 2025

Zelensky has come to his senses - Agrees to Mineral Deal

Yulia Svyrydenko, Ukrainian politician currently serving as First Vice Prime Minister of Ukraine and simultaneously Minister of Economic Development and Trade of Ukraine since November 4, 2021

US and Ukraine Sign Memorandum on Minerals Deal

Ukraine's government has announced the signing of the outline of a minerals deal between the war-torn country and the US.

Economy Minister Yulia Svyrydenko,  said the memorandum of intent paved the way for what she called an economic partnership agreement.

She said a final deal would also involve an investment fund for the reconstruction of Ukraine. US officials expressed hope that an accord could be completed by the end of next week.

Donald Trump's public shouting match with Ukrainian President Volodymyr Zelensky at the White House in February had temporarily blown the negotiations off course.

Svyrydenko announced the signing of the memorandum on X but not did not provide further details. Her post included photos of she and US Treasury Secretary Scott Bessent signing separately.

"We are happy to announce the signing, with our American partners, of a Memorandum of Intent, which paves the way for an Economic Partnership Agreement and the establishment of the Investment Fund for the Reconstruction of Ukraine," Svyrydenko wrote.

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