USA and Ukraine conclude raw material agreements: a big step towards partnership!
USA and Ukraine conclude raw material agreements: a big step towards partnership!
Vienna, Österreich - On April 17, 2025, Ukraine and the United States signed a significant declaration of intent for a raw material agreement. The Ukrainian Minister of Economic Affairs and Vice Procedure Head Julia Swrydenko announced the signing via Facebook and emphasized that this Agreement should give the USA access to rare earths and other valuable resources in Ukraine. However, the text of the raw material agreement must still be completed before it can come into force.
Swryrydenko described the signing as a step towards a comprehensive economic partnership agreement with the USA. US President Donald Trump has announced that the agreement will be signed in the coming week after it has to be ratified by both parliaments.
investments and infrastructure
The preparation of a fund for investments in the reconstruction of Ukraine is also addressed as part of the agreement. The aim is to promote significant investments and the modernization of the infrastructure. President Wolodymyr Selenskyj had presented the document as an intermediate step towards the raw material agreement, but the binding agreement is still developed by lawyers.It is noteworthy that an earlier attempt to sign a framework agreement for joint raw material reduction, at the end of February due to disagreements between Trump and Selenskyj. Trump has been urging Kiev to get a raw material contract for a long time, whereby the profits from the reduction of rare earths are supposed to serve as a compensation for military aids that have already been granted to Ukraine.
geopolitical implications
Ukraine has strategically important raw materials, including rare earths that are becoming increasingly important in international politics. The rapprochement between Russia and the USA, which triggers concern in Kiev and European capitals, could further heat the ramp for the raw material agreement. According to various reports, the agreement could possibly be signed in the White House in the coming week, while Selenskyj is planning a visit to Washington. He could use the meeting to promote military help.
However, it remains uncertain whether the United States is willing to invest in Ukrainian companies, and some of the existing raw material deposits are located on the area converted by Russia in the east of Ukraine, which also complicates the situation. The military situation of Ukraine has recently deteriorated, recapturing these areas appears unlikely.The talks about the raw material agreement are part of the ongoing efforts of Ukraine to strengthen their economic partnership with the United States, while it is defending itself against the Russian invasion, which has been lasting for more than three years. As vienna.at , this agreement could be a decisive turning point for the Ukrainian economy. The potential for investments in the raw material sector should have far-reaching effects on the economic stability and growth of Ukraine, as well as Tagesschau.de
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| Ort | Vienna, Österreich |
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