The Ukrainian Agreement on the provision of US extensive rights to natural resources projects proceeds because both parties are initiated by the fund’s operations that Trump’s administration demanded for further support for the war destroyed country, the Minister of Ukraine said.
“The fund is doing very nicely,” said the Minister of the Ukrainian economy Oleksii Sobolev on Friday Bloomberg TV on Friday on his way to the US.
Washington and Kyiv reached an agreement in May, which would provide the US privileged approach to new investment projects by the development of natural resources of Ukraine, including aluminum, graphite, oil and natural gas. President Donald Trump administration linked the agreement as a way to ensure American interests in the country because it seeks an agreement on the Russian invasion of Ukraine.
Under the agreement, both parties agreed to establish an investment fund, with the US acquiring the first claim for profits.
Sobolev said that the US delegation is ready to visit Ukraine in September to decide which companies would benefit from the first investment of the US-Ukraine minerals.
Ukraine will also do more licenses for auction so that we or other companies can mine minerals and receive investments from the fund, Sobolev added. This includes announcements this week to open menus for large deposit of lithium.
“This is one of the areas we think would be interesting to invest in them for the Fund,” Sobolev said.
Sobolev, as well as Ukrainian Prime Minister Yulia Svyrydenko, met NASDAQ managers on Friday to discuss the Ukrainian reconstruction and the first statement of the Ukrainian company – Telecommunications Company Kyivstar -.
In the US, there was also the Chief of Staff of President Volodymyr Zelenskiy, Andriy Yermak and other officials from the Ukrainian Ministry of Foreign Affairs to meet Trump’s administration officials, is the presidential envoy of Steve Witkoff to discuss other steps with Russia.
“Probably everyone now sees that Russia is not ready to negotiate,” Sobolev said. “Ukraine is ready for negotiation and we are ready for peace.”
After meeting the summit with Russian President Vladimir Putin, she failed to bring a peace agreement, Trump threatened to increase pressure on Moscow. This week, the US deposited higher tariffs in India, the key customer of the Kremlin, for buying Russian oil.
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(Tagstotranslate) Ukraine Natural Resources (T) USA Investment projects
