kiyev, May 01 (V7N) – After months of delay, the long-discussed Washington-Kyiv Economic Agreement has finally been signed, granting the United States access to Ukraine's mineral resources, according to Deutsche Welle.
The agreement, originally planned during President Volodymyr Zelensky's visit to the US, was delayed due to political negotiations. Under the deal, Ukraine will issue licenses for new mineral ventures and collect a 50% advance, which will be stored in a dedicated fund. American aid to Ukraine will now be considered an investment in this fund, to be used for developing Ukraine’s mining and mineral sectors.
While the agreement does not include Zelensky’s proposed conditions—notably, guaranteed US military aid—it emphasizes enhanced strategic cooperation and economic support from the United States.
The agreement positions both countries with equal stakes in the exploitation of Ukraine’s natural resources, marking a shift in the nature of US assistance to a more investment-oriented model.
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