Ukraine Signs Rare Earth Minerals Agreement With U.S.
Treasury Secretary Scott Bessent announced that Ukraine has signed a “historic economic partnership agreement” with the United States that establishes the United States-Ukraine Reconstruction Investment Fund and allows the U.S. access to Ukraine’s rare earth minerals.
In a press release from the Department of the Treasury, Bessent praised President Donald Trump’s “tireless efforts to secure a lasting peace” in the war between Ukraine and Russia.
“Thanks to President Trump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund,” Bessent said in a statement. “As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war. This agreement signals clearly to Russia that the Trump administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term.”
Per the press release, the agreement between Ukraine and the U.S. positions both countries to “work collaboratively and invest together to ensure” their “mutual assets, talents, and capabilities can accelerate Ukraine’s economic recovery”:
In recognition of the significant financial and material support that the people of the United States have provided to the defense of Ukraine since Russia’s full-scale invasion, this economic partnership positions our two countries to work collaboratively and invest together to ensure that our mutual assets, talents, and capabilities can accelerate Ukraine’s economic recovery.
Thanks to @POTUS @realDonaldTrump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund to help… pic.twitter.com/N1jPa35DYh
— Treasury Secretary Scott Bessent (@SecScottBessent) April 30, 2025
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