May 5, 2025
Bloomberg: Ukraine is ready to sign an agreement with the US on subsoil, Sviridenko goes to Washington thumbnail
Economy

Bloomberg: Ukraine is ready to sign an agreement with the US on subsoil, Sviridenko goes to Washington

Minister of Economy of Ukraine Yulia Sviridenko, as reported, is on the way to Washington to sign the agreement”, – WRITE: www.radiosvoboda.org

Ukraine is ready to sign a natural resource agreement with the United States, reported BloombergA source familiar with this issue.

The project of an agreement, which provides for the creation of a joint fund for the management of Ukrainian investment projects, has already been completed and can be signed on Wednesday, the source on the conditions of anonymity reported as the negotiations are closed.

Minister of Economy of Ukraine Yulia Sviridenko is on the way to Washington to sign the agreement.

It has not been officially notified of Ukraine’s readiness of Ukraine.

Under the framework of the US and Ukraine agreement, Ukraine will seek to create the conditions for “increasing investments in the mining industry, energy and related technologies in Ukraine”, according to a document, which was familiarized with Bloomberg News. Washington also recognizes Kiev’s intentions that the agreement does not contradict its plans for joining the European Union, which has long been regarded as a red line for Ukraine in negotiations.

Another breakthrough was that the United States agreed that only the future military assistance that they can provide Ukraine after signing the agreement will be credited to their contribution to the Fund, according to the document.

Prime Minister of Ukraine Denis Shmigal has declared daysthat Washington has refused to insist on the inclusion in the assistance agreement for tens of billions of dollars, provided since the beginning of the Russian invasion.

This was stated after meeting with US Finance Minister Scott Bessent, where They discussed, among other things, this agreement.

Read also: “There has never been any such international agreement in the world” – that (not) so with a new subsoil agreement?

Trump has promoted an agreement since the beginning of his second term in January. Both parties were ready to sign an agreement on natural resources in February, but it was postponed after the meeting of Trump and President of Ukraine Volodymyr Zelensky in the oval office turned into a dispute.

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