Overview

• The U.S. has reduced its estimate of aid provided to Ukraine since 2022 to approximately $100 billion, aligning with Ukraine’s own assessment.
• Negotiators from both nations have nearly finalized the terms of a minerals-for-aid agreement, with a memorandum expected to be signed soon.
• The partnership includes a U.S.-controlled reconstruction investment fund funded by profits from Ukrainian resource revenues.
• Ukraine has emphasized it will not recognize past U.S. military aid as loans, safeguarding its sovereignty in the deal.
• The draft memorandum will require ratification by Ukraine’s Verkhovna Rada before it can take effect.