
According to me-metals cited from mining.com, The move brings both countries closer to finalizing a major profit-sharing deal aimed at securing US investment opportunities in Ukraine.
The move brings both countries closer to finalizing a major profit-sharing deal aimed at securing US investment opportunities in Ukraine.
Two documents outlining the operation of an investment fund jointly established by Kyiv and Washington were signed on Tuesday, the press office of Ukraine’s Economy Ministry told reporters in Kyiv.
The investment fund is envisaged in the minerals deal itself, ratified by the Ukrainian parliament last week. The deal obliges Ukraine to replenish that fund using a share of taxes from new extraction licenses and other payments. The US may contribute through financial investments or by offering military aid to Ukraine.
The US interest in Ukraine’s natural resources came as part of Trump’s bid to bring a swift end to Russia’s full-scale invasion of Ukraine, which Moscow launched in 2022.
On Thursday, representatives from Kyiv, Washington and Moscow are expected to gather in Istanbul for peace talks. However, Russian President Vladimir Putin’s attendance remains uncertain.
source: mining.com