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Ukraine and United States Sign Minerals Agreement

Ukraine and United States Sign Minerals Agreement

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The deal grants the US access to Ukraine's mineral wealth, including rare earths, in exchange for billions of dollars in aid provided to Ukraine since the beginning of the war. The deal also establishes a US-Ukraine Reconstruction Investment Fund to repay the estimated $175bn in aid provided to Ukraine.

Donald Trump
Republican Party
1. We made a deal where our money is secure, where we can start digging and doing what we have to do. It's also good for them, because you'll have an American presence at the site.
2. So I went to them and said, 'Look, we got to get rare earth.' They have great rare earth, meaning certain minerals, materials.
3. We made a deal today where we get, you know, much more in theory, than the $350 billion but I wanted to be protected.
Dmitry Peskov
Kremlin
1. There are many details and an array of small nuances that need to be solved before a settlement.
2. We realize that Washington wants to achieve quick progress, but we hope for understanding that the Ukrainian crisis settlement is far too complex to be done quickly.
Yulia Svyrydenko
1. Its implementation allows both countries to expand their economic potential through equal cooperation and investment.
2. Together with the United States, we are creating the fund that will attract global investment into our country.
3. The United States will contribute to the fund. In addition to direct financial contributions, it may also provide NEW assistance – for example air defense systems for Ukraine.
4. All resources on our territory and in territorial waters belong to Ukraine.
5. It is the Ukrainian state that determines what and where to extract. Subsoil remains under Ukrainian ownership – this is clearly established in the Agreement.
6. The agreement focuses on further, not past US military assistance.
Dmitry Medvedev
Russian Federal Security Service
1. Now they (Ukrainians) will have to pay for military supplies with the national wealth of a disappearing country.
2. Trump has broken the Kyiv regime to the point where they will have to pay for US aid with mineral resources.
Denys Shmyhal
Ukraine Government
1. Ukraine retains full control over its subsoil, infrastructure and natural resources.
2. This is a very good partnership agreement that provides for huge benefits and investments for our country, and provides for the possibility of receiving military assistance from the United States.
Oleksiy Goncharenko
European Solidarity
1. It's time for President Trump to use not a carrot, but a stick.
Scott Bessent
US Treasury Department
1. Past proposals from Washington reportedly saw the United States taking partial or total ownership of broad swaths of Ukraine's natural resources and infrastructure… Now, Ukraine retains full ownership of its assets and has turned the deal into a joint investment fund toward the country's future reconstruction, with only future – not past – US assistance to Ukraine counting as a contribution to the fund.
2. As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war.
3. There are no fissures between the American and Ukrainian peoples.
Tymofei Mylovanov
Kyiv School of Economics
1. Ukraine held the line. Despite enormous pressure, every overreaching demand from the other side was dropped. The final deal looks fair.

Ukraine and United States Sign Minerals Agreement

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