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Ukraine completes steps for minerals deal with US, deputy prime minister says - West Hawaii Today

  • Ukraine completed and ratified a minerals agreement with the U.S. By May 12, establishing a jointly managed Reconstruction Investment Fund.
  • The agreement followed months of tense negotiations marked by a shouting match between Zelensky and Trump and the collapse of earlier plans in February.
  • This deal grants the U.S. Special access to develop Ukraine's critical minerals like lithium and rare earth elements and sets up an investment fund for reconstruction.
  • The Ukrainian parliament ratified the deal on May 8 with 338 votes in favor, while Ukraine’s deputy prime minister called it a milestone on schedule.
  • The agreement aims to deepen economic ties, support Ukraine’s recovery, and facilitate access to new U.S. Weapons, though it lacks explicit U.S. Security guarantees.
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babel.ua broke the news in on Monday, May 12, 2025.
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