Overview

• The U.S. and Ukraine finalized a minerals agreement granting Washington preferential access to Ukrainian resources in exchange for joint reconstruction investments.
• The deal creates a 50/50 Reconstruction Investment Fund, with profits reinvested in Ukraine for the first decade before potential distribution between the partners.
• The agreement covers oil, gas, rare earth minerals, and 55 other resources, while affirming Ukraine’s sovereignty and its EU accession path.
• Future U.S. military aid to Ukraine will count toward Washington’s contribution to the investment fund, though the pact does not include explicit U.S. security guarantees.
• The deal awaits ratification by Ukraine’s parliament and signals long-term U.S. commitment to Ukraine’s sovereignty and economic recovery.