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U.S. and Ukraine Finalize Economic Pact on Reconstruction and Resource Access

The agreement establishes a joint investment fund, grants U.S. preferential access to Ukrainian resources, and excludes past aid as debt but lacks security guarantees.

Overview

  • The United States and Ukraine signed an economic agreement on April 30, 2025, creating a joint fund to finance Ukraine's postwar reconstruction.
  • The pact grants the U.S. preferential access to Ukrainian natural resources, including minerals, oil, and gas, while affirming Ukraine's full ownership and control over these assets.
  • The agreement excludes recognition of prior U.S. military and economic aid as a debt owed by Ukraine, a key point of contention during negotiations.
  • Despite Ukraine's requests, the signed agreement does not include explicit U.S. security guarantees against Russian aggression.
  • The text requires formal approval by the Ukrainian government and ratification by the Verkhovna Rada before it can take effect.