UKRAINE – The Ukraine minerals deal with the US was officially ratified by the Ukrainian parliament on Thursday. This approves a joint investment fund for reconstruction tied to natural resources’ revenues.
The mineral and economic partnership deal signed with the United States last month, paves the way for a joint investment in post-war reconstruction efforts.
Ukrainian lawmaker Yaroslav Zheleznyak announced on Telegram that the Verkhovna Rada passed the agreement with 338 votes in favor and none opposed.
This follows months of difficult negotiations and a heated Oval Office exchange in February between officials from both nations.
Under the agreement, Kyiv and Washington will establish a joint investment fund, which will be partially financed by revenues from Ukraine’s natural resource extraction sector.
