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US and Ukraine sign memorandum of intent on minerals deal


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Kiev and Washington have signed a memorandum with the intention of promising to advance an agreement on Ukraine’s natural resources and fuel resources, and the officials familiar with the matter to the Financial Times.

Officials said that the memorandum was “virtually” signed and they expected to finalize the entire economic agreement by next week.

The first Vice-Prime Minister and Economy Minister Yulia confirmed the signing of Sovrideno and posted a picture of himself with the Treasury Secretary Scott Besent in their respective office.

“Today we have taken a step towards a joint economic partnership agreement with the United States,” he added, saying that the memorandum “The constructive work of our parties and the intention to finish an agreement that will be beneficial for both of our people”, “he said.

He said that the entire deal would “expose significant investment, infrastructure modernization and the opportunity for mutual beneficial partnership between Ukraine and the United States”.

The Ukrainian officials have said “positive steps forward” – after discussion after the fight between President Volodimir Zelnsky and Donald Trump at the White House in February – after discussion – a challenging discussion process has returned to the track.

Speaking at a briefing on Thursday, Jensky said that US negotiators proposed an interim step as a gesture of greetings, while on the other hand, legal parties on both sides have been working on the full agreement.

“This is a memorandum of intention – the deal itself – but it reflects our constructive and positive objectives,” he said.

Later, during a meeting with Italy Prime Minister Georgigia Meloni on Thursday, Trump said his administration was planning to sign a full agreement on natural resources and energy resources next Thursday.

Basent later made it clear that the details are still finalized with the aim of signature on April 2 April next Saturday.

He also added that the agreement was the same as discussion before, where Zelnsky and Trump did not sign a memorandum of understanding. Ukrainian officials, however, said that they had been able to make this deal even more in line with their preferences.

Ukrainian officials, known on the matter, said that after the visit to Washington, Prime Minister Denis Shmihal, these parties are expected to report only on April 2 April with the goal of completion and then signing.

They said that it was possible to sign the entire agreement then it would not be clear until the discussion was finalized in the coming days.

“I assume that they will survive the agreement,” Trump said.

Trump has advised a wide agreement to allow US desired access to natural resources in Ukraine, including critical minerals and rare earths, to compensate billions of dollars to Kiev under the administration of Joe Biden. However, Zelnsky was careful about signing an agreement that did not include a security guarantee.

A draft of the US proposal has been sent to Kiev last month and Reported by the Financial Times I went well outside a joint economic agreement in February. The proposal has identified the intense growth of Washington’s claim when Kiev does not offer any security guarantee in exchange for.

Ukrainian senior officials warned the agreement as it could threaten national sovereignty in writing, return profits abroad and increase dependence on America.

The proposal cover all mineral resources, including oil and gas, and called for a supervisory board, including US veto power, to monitor the revenue divided between energy and mineral projects between the two countries.

Since then, Ukraine has appointed Hogan Lavals, the US law agency, to discuss a better deal with the United States to discuss a better deal in the United States, according to a Foreign Agent Registration Act reviewed by the Ukrainian government and FT.

Ukrainian officials, known in this regard, told FT that the most controversial demands in the United States had progressed, which could have prevented the agreement from being approved by the country’s parliament. However, they still refused to provide specific supply during the discussion.

The subject has been so sensitive Gelnsky started investigating The latest US proposal for profit from Ukrainian resources, which included the use of polygraph tests on government officials.

Once finalized, the agreement will require approval from the Ukraine Parliament from Varkhovna Rada.



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