Ukraine and the United States have finalized a major deal heavily championed by U.S. President Donald Trump, hat grants the U.S. preferential access to Ukraine’s mineral sector while helping finance the country’s reconstruction.
The agreement, according to reports was signed in Washington on Wednesday, after months of tense negotiations, despite uncertainty and last-minute hurdles.
At the heart of the deal is the creation of the United States–Ukraine Reconstruction Investment Fund, a joint initiative aimed at supporting Ukraine’s post-war recovery and economic revitalization. The fund will be jointly managed by both governments, with equal voting rights in decision-making.
Under the agreement, Ukraine will contribute 50% of profits and royalties from its natural resource permits to the fund. The U.S., in turn, will provide financial support, which could include direct investments and future military aid.
The deal also plays a critical diplomatic role. Kyiv views it as a step toward restoring relations with the Trump administration, which have been strained since Trump took office in January. Ukrainian officials are hopeful the agreement will help lock in continued U.S. backing in the ongoing war with Russia.
A photo shared on X by the U.S. Treasury captured the moment U.S. Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister Yulia Svyrydenko signed the accord. The accompanying caption described the agreement as “a clear signal of the Trump administration’s commitment to a free, sovereign, prosperous Ukraine.”
