International Desk, (EFE).- Ukraine and the United States have signed a landmark agreement to tly exploit Ukrainian mineral resources, in what officials in Kyiv are calling a critical step to bolster the country’s economy and attract long-term investment from Washington.
The deal, which includes a shared investment fund, has also been structured to avoid legal or political conflict with Ukraine’s path toward European Union hip.
The agreement comes as Ukraine seeks to rebuild its economy and infrastructure following years of war, while the US eyes economic returns and potential leverage in shaping Kyiv’s future reconstruction plans.
Ukrainian Foreign Minister Andrii Sybiha described the accord as “an important milestone for the strategic alliance between Ukraine and the US.”
Agreement safeguards Ukraine’s EU accession path
In Brussels, the European Commission confirmed the deal does not interfere with Ukraine’s EU accession bid.
According to Commission spokesman Thomas Regnier, the text includes safeguards ensuring it complies with existing EU-Ukraine treaties.
“The agreement contains provisions that preserve Ukraine’s European integration commitments and avoids conflict with the Deep and Comprehensive Free Trade Agreement,” said Regnier. “We expect these clauses to be strictly applied.”
The EU welcomed US financial involvement, particularly given Ukraine’s urgent need for post-war reconstruction.
“The Commission values the US commitment to invest alongside Ukraine in a free, sovereign, and secure country,” Regnier added while urging all allies to remain firm in ing Ukraine and holding Russia able for its actions.
Shared control, no debt recognition, and focus on reconstruction
Ukrainian officials emphasized that the final agreement reflects major improvements over earlier US drafts.
The investment fund will be tly managed, with both Kyiv and Washington holding equal decision-making power. Initially, the US demanded sole oversight.
50 % of profits from new mineral extraction projects will fund the t investment vehicle.
However, Ukraine secured exemptions for current oil, gas, and aluminum operations, whose revenues will continue going directly to the state budget.
For the first 10 years, all returns generated by the fund will be reinvested into Ukraine’s economy, primarily in reconstruction efforts and new mineral projects.
After that period, dividends will be split between both nations.
Importantly, Ukraine avoided recognizing previous US military and financial aid as national debt, a condition reportedly pushed by Washington earlier in the talks.
Although the agreement contains no firm guarantees of continued US military assistance, it leaves open the possibility that American contributions to the fund may come in the form of direct financial or renewed military aid.
Trump secures economic argument for
President Donald Trump, who had previously been reluctant to approve additional military to Ukraine, stated after the g that the US would “more than recover” its spending in Ukraine through the benefits of this agreement.
Trump said the deal was necessary to correct what he called the “excessive generosity” of the previous US istration.
“I didn’t want to look foolish,” Trump said, implying that the agreement allows him to justify aid to Ukraine under an “America First” approach by framing it as an economic opportunity.
The fund will also benefit from the backing of the US International Development Finance Corporation, which Kyiv says will help attract capital and technology from American, European, and allied investors.
Ukraine will retain control over which mineral deposits are developed, and the Ministry of Economy noted that the agreement avoids any clauses that would contradict the country’s constitution or future EU-aligned legal reforms. EFE
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