After months of intense negotiations, the United States has signed a landmark agreement with Ukraine to share future profits from the sale of the country’s mineral and energy reserves.
The deal is designed to bolster U.S. economic incentives for continued investment in Ukraine’s defense and post-war reconstruction, while also addressing growing concerns in Washington over the scale of aid already provided.
Ukraine is believed to hold vast deposits of critical minerals—such as graphite, titanium, and lithium—which are essential for renewable energy, advanced military technologies, and infrastructure development.
This agreement demonstrates a mutual commitment to lasting peace and prosperity in Ukraine,” said U.S. Treasury Secretary Scott Bessent, who announced the deal Wednesday afternoon.
As part of the agreement, a new U.S.-Ukraine Reconstruction Investment Fund will be established to support Ukraine’s economic recovery. The fund, according to the Treasury’s statement, acknowledges the “significant financial and material support” the U.S. has provided since Russia’s invasion in February 2022.
In a video message, Bessent added that the deal would help “unlock Ukraine’s growth assets” and pave the way for long-term development.
The Kremlin has yet to respond publicly to the agreement.
