Ukraine has successfully completed the necessary procedures to implement its deal with the United States regarding the exploitation of minerals and the operation of a newly established investment fund, the country's First Deputy Prime Minister, Yulia Svyrydenko, confirmed on Tuesday.
Svyrydenko, who provided limited details on the latest step, revealed that two additional documents were finalized as part of the agreement's implementation. The Deputy Prime Minister took to social media to announce the milestone: "Another key step on the path to launching the United States-Ukraine Reconstruction Investment Fund: Ukraine has completed all necessary procedures on schedule," she wrote.
A formal note certifying the completion of the process was handed over to the U.S. Charge d'Affaires, Julie Davis. Svyrydenko emphasized that the agreements are "equal," forward-looking, and structured to ensure investment flows directly into Ukraine's recovery and growth.
This progress comes after weeks of intense negotiations, including a tense exchange between President Volodymyr Zelensky and U.S. President Donald Trump in the Oval Office. The minerals agreement, which was signed by Svyrydenko in Washington, was ratified by the Ukrainian Parliament last week.
Svyrydenko called the deal "not merely a legal construct, but the foundation of a new model of interaction with a key strategic partner." Under the terms of the agreement, the U.S. gains preferential access to new Ukrainian mineral deals and establishes the investment fund, which will play a crucial role in Ukraine's reconstruction for the first decade.
The deal also positions Ukraine to unlock additional supplies of U.S. weapons, including crucial Patriot air defense systems, which are seen as vital for protecting the country against ongoing Russian air attacks.
President Zelensky hailed the revised agreement as a significant improvement over earlier drafts, which were criticized by some in Ukraine as "colonial." The deal also acknowledges Ukraine's aspiration to join the European Union, marking a step forward in Ukraine’s integration with the West.
The Netherlands has returned a 3,500-year-old Egyptian sculpture to Egypt, after an investigation confirmed the artefact had been looted and unlawfull...
Uzbekistan is preparing to introduce Islamic banking after the Senate approved legislation creating a legal framework for Sharia-compliant financial s...
Russia launched a large-scale overnight attack on Ukraine’s energy system early on Saturday (7 January), hitting power generation and distribution f...
Agreements signed by the United States, Kazakhstan and Uzbekistan in Washington on 5 February show that the United States is changing how it secures a...
U.S. President Donald Trump has condemned but refused to apologise for a racist video briefly posted to his Truth Social account, insisting he had “...
The Netherlands has returned a 3,500-year-old Egyptian sculpture to Egypt, after an investigation confirmed the artefact had been looted and unlawfully removed from the country.
Russia launched a large-scale overnight attack on Ukraine’s energy system early on Saturday (7 January), hitting power generation and distribution facilities with more than 400 drones and around 40 missiles, Ukrainian officials have said.
Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, as a man in Portugal died after his car was swept away by floodwaters and a second body was found in Malaga.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of February, covering the latest developments you need to know.
Winter weather has brought air travel in the German capital to a complete halt, stranding thousands of passengers as severe icing conditions make runways and aircraft unsafe for operation and force authorities to shut down one of Europe’s key transport hubs.
Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, as a man in Portugal died after his car was swept away by floodwaters and a second body was found in Malaga.
An attacker opened fire at the gates of a Shiite Muslim mosque in Islamabad on Friday before detonating a suicide bomb that killed at least 31 people in the deadliest assault of its kind in the capital in more than a decade.
Alphabet is emerging as a frontrunner in the global artificial intelligence race, as analysts and executives say Google has overtaken OpenAI, marking a sharp reversal from a year ago when the company was widely seen as lagging.
Using art as a quiet alarm, a new exhibition in Baku is drawing attention to endangered wildlife and the need for environmental responsibility.
Russia launched a large-scale overnight attack on Ukraine’s energy system early on Saturday (7 January), hitting power generation and distribution facilities with more than 400 drones and around 40 missiles, Ukrainian officials have said.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of February, covering the latest developments you need to know.
U.S. and Ukrainian negotiators have discussed an ambitious goal of reaching a peace agreement between Russia and Ukraine by March, though the timeline is widely viewed as unrealistic due to deep disagreements over territory, according to multiple sources familiar with the talks.
At least 31 people have been killed and scores wounded in a suicide bombing at a mosque in Pakistan’s capital, Islamabad, during Friday prayers, prompting widespread international condemnation.
Lebanese Army Commander Gen. Rodolphe Haykal met with senior U.S. officials in Washington, D.C., this week to discuss strengthening military and security cooperation, regional developments and the challenges facing Lebanon, the Lebanese army said on Friday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment