MWE Correspondent
The United States and Ukraine have signed a new agreement to jointly develop and invest in Ukraine’s natural resources.
The deal, announced Wednesday by U.S. Treasury Secretary Scott Bessent and Ukrainian Economy Minister Yuliya Sviridenko, marks a deepening of economic ties between the two nations.
At the heart of the agreement is the creation of a jointly-managed Reconstruction Investment Fund. The fund is designed to channel investment into Ukraine’s critical sectors—particularly mining, oil, and natural gas—with revenues from new licenses being split equally between the two countries.
“This agreement is more than just business—it’s a commitment to peace, progress, and partnership,” Bessent said in a statement. He added that former U.S. President Donald Trump supported the initiative as a strategic route toward sustainable peace and long-term development in Ukraine.
The signing comes as Ukraine continues to seek long-term security assurances from the United States, while still facing aggression from Russia. Although full details of the deal have yet to be released, officials confirmed that the fund will operate under equal control. Neither side will have a dominant vote, ensuring that decisions are made collaboratively.
Also Read; Ghana Surpasses SA To Become Africa’s Leading Gold Producer
“This is a true partnership, built on equality and mutual trust,” Sviridenko explained. “We’re not handing over control of our resources—we’re building a shared path forward.”
Fifty percent of all revenues from new mining, gas, and oil projects will be directed into the joint fund, which will be reinvested into Ukraine’s infrastructure, economy, and post-war recovery. The partnership is expected to bring in advanced U.S. technology and expertise, helping Ukraine develop its resource potential in a way that benefits both nations.
Though primarily focused on economic collaboration, the deal carries broader political implications. Analysts say it could lay the groundwork for future peace negotiations, especially as the United States continues to play a key role in Ukraine’s military and economic support.
The agreement comes at a time when Ukraine needs not only weapons and aid but also lasting investments that can fuel recovery and stability once the conflict ends. While challenges remain, the new fund signals a shared belief that Ukraine’s future can be secured not just through war, but through rebuilding and cooperation.
