Overview
- The agreement creates a 50/50 US-Ukraine reconstruction fund, with profits from new Ukrainian mineral permits funding rebuilding efforts.
- Ukraine retains sovereign control over its subsoil and natural resources, with no obligation to repay past US military aid.
- The US gains preferential, but not exclusive, access to new Ukrainian mineral licenses, excluding existing deals and gas infrastructure.
- The deal was signed in Washington by Ukrainian First Deputy Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent.
- The agreement requires ratification by the Ukrainian parliament before it can take effect, marking the next step in its implementation.