Ukraine Says Mineral Deal With US Progressing 'Nicely': Ukraine Minister of Economy Full Interview
August 29, 2025
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9:46Now PlayingUkraine Says Mineral Deal With US Progressing 'Nicely': Ukraine Minister of Economy Full Interview
YouTube Description
as posted by the channelUkraine’s deal to give the US sweeping rights to natural resources projects is advancing as both sides launch operations of a fund that the Trump administration demanded in return for further support for the war-torn country, Ukraine’s economy minister said.
“The fund is progressing very nicely,” Ukrainian Economy Minister Oleksii Sobolev told Bloomberg TV Friday while on a trip to the US.
Washington and Kyiv reached a deal in May that would grant the US privileged access to new investment projects to develop Ukraine’s natural resources, including aluminum, graphite, oil and natural gas. The administration of President Donald Trump has cast the agreement as a way to ensure US interests in the country as it presses for an agreement to Russia’s invasion of Ukraine.
As part of the deal, both sides agreed to set up an investment fund, with the US getting the first claim on profits transferred into it.
Sobolev said a US delegation is set to visit Ukraine in September to decide which companies will benefit from the first investments of the US-Ukraine minerals fund.
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