Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: US, Ukraine sign rare earth minerals deal
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Breaking > US, Ukraine sign rare earth minerals deal
Breaking

US, Ukraine sign rare earth minerals deal

ANI
Last updated: May 1, 2025 9:50 am
ANI
Published: May 1, 2025
Share
5 Min Read
SHARE

The United States and Ukraine have signed an “economic partnership agreement,” giving Washington access to Ukraine’s rare earth minerals in return for creating an investment fund in the country, CNN reported.

Since President Donald Trump assumed office in January, the US and Ukraine have been trying to sign an agreement on natural resources. The deal between the two nations comes after weeks of intense negotiations that at times became bitter and temporarily derailed US aid to Ukraine.

On Wednesday, the US Treasury Department said that both nations signed the agreement. In a statement, the US Treasury Secretary Scott Bessent said, “As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war.”

He stated, “This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centred on a free, sovereign, and prosperous Ukraine over the long term,” CNN reported.

He noted, “And to be clear, no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine.”

Ukraine’s Economy Minister Yulia Svyrydenko was in the US to sign the agreement on behalf of the Ukrainian government.

In a post on X, Svyrydenko stated, “On behalf of the Government of Ukraine, I signed the Agreement on the Establishment of a United States-Ukraine Reconstruction Investment Fund. Together with the United States, we are creating the Fund that will attract global investment into our country.”

In the post, she stated, “It is the Ukrainian state that determines what and where to extract. Subsoil remains under Ukrainian ownership — this is clearly established in the Agreement.”

The two nations signed the deal just hours after a last-minute disagreement over which documents to sign Wednesday threatened to derail the agreement.

Ukrainian President Volodymyr Zelenskyy was expected to sign the agreement during his visit to the US in February. However, the agreement was not signed after his visit was cut short following the contentious Oval Office meeting.

The key sticking point of the negotiations included the question of security guarantees and whether the US would provide them as part of the agreement. Initially, Trump refused, saying he wanted Ukraine to sign the deal first and talk about security guarantees later, CNN reported.

At that time, Zelenskyy called the draft agreement as asking him to “sell” his nation. Since then, Ukrainian officials indicated they believed that US investment and the presence of US firms in Ukraine will make the

US more interested in security of Ukraine.
Shortly after his visit, Trump ordered the suspension of US aid to Ukraine. The assistance has now been restored. However, his decision became a major wake-up call for Ukraine’s European allies, who have vowed to step up their help to Ukraine.

Trump has largely termed the agreement as Ukraine “paying back” for the aid which has been provided by the US to Ukraine since Russia started its military action in Ukraine in 2022.

The details of the agreement have not been disclosed publicly. However, Ukraine’s Prime Minister Denys Shmyhal said on Sunday that the agreement “will not include assistance provided before its signing,” CNN reported.

Speaking on Wednesday, he called the deal a “strategic agreement on the establishment of an investment partnership fund.” He further said, “It is truly an equal and beneficial international agreement on joint investments in the development and recovery of Ukraine between the US and Ukrainian governments.”

Shmyhal said that under the deal, the US and Ukraine will create a joint investment fund in Ukraine with an equal contributions from both and equal distribution of management shares between them. He said, “The American side may also count new, I emphasize new, military aid to Ukraine as a contribution to this fund.” (ANI)

 

 

Shubman Gill inches closer to dethrone Babar Azam from summit of ODI batters rankings
Rahul-Priyanka Gandhi visit Kheer Bhawani Durga temple
Satish Sharma inaugurates maiden Skiing training program at Sonamarg, aims to boost Winter Tourism
District Police accord warm farewell to outgoing DC Kulgam
Raj Bhawan bids farewell to Director SSF
TAGGED:TrumpUkraineUSZelenskyy

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Pahalgam attack: India shuts airspace for all Pakistani airlines, military flights
Next Article Dy CM Surinder Choudhary holds public outreach camp near LoC in JK’s Nowshera
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

Election Commission of India introduces 18 New Initiatives for Enhanced Electoral Process
Breaking
May 22, 2025
Rahul Gandhi to visit Poonch on May 24, meet kin of civilians killed in Pakistani shelling
Breaking National
May 22, 2025
Mutual trust, respect, and sensitivity remain basis of India-China relations: MEA
Breaking
May 22, 2025
Entire world is realising strength of country and valour of Indian Armed forces: Tarun Chugh
Breaking National
May 22, 2025

Recent Posts

  • Election Commission of India introduces 18 New Initiatives for Enhanced Electoral Process
  • Rahul Gandhi to visit Poonch on May 24, meet kin of civilians killed in Pakistani shelling
  • Mutual trust, respect, and sensitivity remain basis of India-China relations: MEA
  • Entire world is realising strength of country and valour of Indian Armed forces: Tarun Chugh
  • CS seeks fortnightly updates about completion of JK highways

Recent Comments

  1. SavePlus on AI and Behavioural Analytics in Gaming: Making the World of Gaming Better
  2. Parul on Govt acknowledges faulty streetlights on Narbal-Tangmarg road
  3. dr gora on Women Veterinarians and the Goal of Viksit Bharat
  4. jalwa game login on National Education Policy 2020: Transforming India’s Educational System
  5. Virender Bhat on Pahalgam Attack: A War on Humanity, Peace, and Kashmiriyat

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?