The Ukrainian government has allocated $2.7 million to hire consulting services to assist with a draft minerals deal with the United States, according to a government document dated April 8.
U.S. President Donald Trump has suggested that a bilateral minerals agreement could facilitate a peace settlement by giving the U.S. a financial stake in Ukraine's future, potentially allowing the U.S. to recoup billions of dollars in aid provided to Ukraine.
The U.S. has revised its initial proposal, presenting a broader draft for the deal, which was reported by Reuters last month. In response, Ukraine is seeking legal and consulting assistance to safeguard its national interests and formulate a position that aligns with both American and Ukrainian laws.
The allocated funds will be distributed to the ministries of economy and justice, with the goal of hiring consultants experienced in public debt management and external borrowing, as well as legal experts from top international law firms. The Ukrainian government aims to finalize these hiring processes by April 15.
Deputy Prime Minister Yulia Svyrydenko confirmed that a Ukrainian team will travel to Washington this week to continue advancing negotiations on the draft strategic agreement.
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