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US-Ukraine Resource Pact Finalized as Russian Strikes Escalate

The agreement grants American firms access to Ukraine's mineral wealth and establishes a joint investment fund, but lacks security guarantees for Kiev as Russian attacks persist.

Le secrétaire américain au Trésor Scott Bessent et la vice-première ministre ukrainienne Ioulia Svyrydenko à une cérémonie de signature d’un accord sur les minéraux, à Washington.
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Overview

  • The US and Ukraine signed a resource agreement granting American companies access to Ukraine's minerals, oil, and gas, alongside the creation of a joint investment fund.
  • President Zelensky praised the deal as 'equitable,' highlighting that it does not count prior US aid as Ukrainian debt, a key departure from earlier proposals.
  • The agreement, signed on April 30, omits security guarantees for Ukraine, a point of contention during negotiations with Washington.
  • A Russian strike on Zaporíjia overnight injured 29 people, including a 13-year-old boy, underscoring ongoing conflict despite diplomatic efforts.
  • European governments are preparing a coordinated 17th sanctions package with the US, contingent on Russia's refusal to engage in ceasefire talks.