U.S., Ukraine Sign Economic Deal After Trump Presses Kyiv To Pay Back U.S. For Help In Repelling Russia
HuffPost
The U.S. and Ukraine have announced an economic deal after a weekslong press by President Donald Trump calling on Ukraine compensate Washington.
WASHINGTON (AP) — The U.S. and Ukraine on Wednesday signed off on a deal that will give Washington access to Ukraine’s vast critical minerals and natural resources, finalizing an agreement weeks in the making to compensate the U.S. for its help in repelling Russia’s invasion.
The two sides offered only barebone details about the structure of the deal, which they called the United States-Ukraine Reinvestment Fund. But it is expected to give the U.S. access to Ukraine’s valuable rare earth minerals while providing Kyiv a measure of assurance about continued American support in its grinding war with Russia.
“This agreement signals clearly to Russia that the Trump administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term,” Treasury Secretary Scott Bessent said in a statement. “President Trump envisioned this partnership between the American people and the Ukrainian people to show both sides’ commitment to lasting peace and prosperity in Ukraine.”
The announcement comes at a critical moment in the three-year war as Trump has grown increasingly frustrated with both sides. The signing comes two months after a different but similar agreement was nearly signed before being derailed in a tense Oval Office meeting involving President Donald Trump, Vice President JD Vance and Ukranian President Volodymyr Zelenskyy.
Trump has long criticized Zelenskyy, saying he didn’t “have the cards” to win the war and blaming him for prolonging the killing by not giving up Crimea, but in recent days has rebuked Russian President Vladimir Putin as well, saying he was complicating negotiations with “very bad timing” in launching deadly strikes on Kyiv.
