Ukraine and US Sign Minerals Deal, Eye Economic Pact and Reconstruction Fund

World 10:05 18.04.2025

Ukraine's government has announced the signing of the outline of a minerals deal between the war-torn country and the US.Economy Minister Yulia Svyrydenko said the memorandum of intent paved the way for what she called an economic partnership agreement.She said a final deal would also involve an investment fund for the reconstruction of Ukraine. US officials expressed hope that an accord could be completed by the end of next week.

Donald Trump's public shouting match with Ukrainian President Volodymyr Zelensky at the White House in February had temporarily blown the negotiations off course.Svyrydenko announced the signing of the memorandum on X but not did not provide further details.Her post included photos of she and US Treasury Secretary Scott Bessent signing separately.

"We are happy to announce the signing, with our American partners, of a Memorandum of Intent, which paves the way for an Economic Partnership Agreement and the establishment of the Investment Fund for the Reconstruction of Ukraine," Svyrydenko wrote.

The signing was conducted over an online call with Bessent who said the details of the deal were still being worked out.
"It's substantially what we'd agreed on previously. When the president was here, we had a memorandum of understanding. We went straight to the big deal, and I think it's an 80-page agreement and that's what we'll be signing," he said.Donald Trump also hinted at the deal during a press conference with Italian leader Giorgia Meloni.

"We have a minerals deal which I guess is going to be signed on Thursday next Thursday. Soon. And I assume they're going to live up to the deal. So we'll see. But we have a deal on that," he said.

The White House did not respond to a request for further details on the timing and contents of the agreement, Reuters news agency reports.The move is a step towards a deal that would allow the US access to Ukraine's critical minerals, as well as oil and gas.Previous reports indicated that an "investment fund" would be set up for Ukraine's reconstruction and would be managed by Kyiv and Washington on "equal terms".

President Volodymyr Zelensky had been hoping to use the deal to secure a US security guarantee in his country in the event of a ceasefire deal with Russia.However the plan was derailed in February by Zelensky and Trump's heated clash at the ''White House.''

Madina Mammadova\\EDnews

IEPF issued a statement regarding Azerbaijani children at the UN Human Rights Council

News line

"Türkiye welcomes Azerbaijan's efforts for peace in South Caucasus"
14:53 27.05.2025
Trump could exit Ukraine talks
13:56 27.05.2025
North Korea says US 'Golden Dome' risks 'space nuclear war'
12:01 27.05.2025
Hikmat Hajiyev meets with NATO Deputy Secretary General in Brussels
11:10 23.05.2025
Foreign diplomats visit Agdam Conference Center
21:35 21.05.2025
New Secondary School Opened in Gakh by Heydar Aliyev Foundation
21:22 21.05.2025
Azerbaijani and Turkish Presidents Meet One-on-One in Nakhchivan
21:03 21.05.2025
Opening ceremony of World Cup held in Baku
20:57 21.05.2025
Pashinyan, EU Envoys Discuss Armenia-Azerbaijan Peace
19:52 21.05.2025
New Deputy Appointed to Nakhchivan Education Minister
19:20 21.05.2025
Nakhchivan marks Türkiye’s National Sovereignty and Children’s Day
17:42 21.05.2025
F.Shafiyev: Azerbaijan-Türkiye unity is example of effective cooperation
17:35 21.05.2025
Azerbaijan to build circular power link in Karabakh
17:28 21.05.2025
Azerbaijan, Italy discuss prospects for defense cooperation
17:19 21.05.2025
Ilham Aliyev addresses conference on Western Azerbaijan in Ankara
17:14 21.05.2025
Ilham Aliyev: Azerbaijan and Türkiye uphold international law for regional stability
17:03 21.05.2025
President of Cuba congratulates President Ilham Aliyev
16:58 21.05.2025
Azerbaijani President: Digitalization of the Middle Corridor is a priority
16:53 21.05.2025
Erdogan: Ilham Aliyev will be remembered as a peacemaker
16:48 21.05.2025
TDT: Azerbaijan is very important for the development of the Turkic world
16:43 21.05.2025
Georgian minister discusses cooperation with Azerbaijani ambassador
16:35 21.05.2025
Azerbaijan, Türkiye mull prospects for development of military cooperation
16:29 21.05.2025
Azerbaijan and Croatia hold political consultations
16:24 21.05.2025
GlobE Network work plan for 2025 approved in Baku
16:18 21.05.2025
Talks between Azerbaijan and Armenia may be held at level of heads of state
12:21 19.05.2025
A Meeting of Nobles exhibition to open in Shusha
12:15 19.05.2025
Azerbaijan increases construction by over 2026
12:09 19.05.2025
How does space "sound"? -NASA created "music" from the sounds of black hole
12:03 19.05.2025
Azerbaijan joins Fez Festival of World Sacred Music
11:57 19.05.2025
Azerbaijan’s parliamentary delegation starts official visit to Spain
11:53 19.05.2025
EU countries agree on big defence fund with Azerbaijan- Diplomat Says
11:48 19.05.2025
Azerbaijan,Türkiye Hold Talks on Education Sector Cooperation
11:42 19.05.2025
Azerbaijani delegation attends Russia-Islamic World: Kazan Forum 2025
11:36 19.05.2025
The official opening of the Azerbaijani carpet exhibition took place in Chisinau
11:31 19.05.2025
Press review of I.Aliyev's participation in the 6th Summit of the "European Political Union"
11:25 19.05.2025
Azerbaijani delegation participated in the International Economic Forum
11:21 19.05.2025
Azerbaijan to be represented at Astana International Forum
11:16 19.05.2025
New agreement between Azerbaijan and Pakistan in the field of plant safety
11:14 19.05.2025
Ilham Aliyev: Azerbaijani healthcare has made significant steps along a long way of development
11:08 19.05.2025
Azerbaijani Ombudsman issues appeal on Human Rights
11:03 19.05.2025
Hamısı