Espreso. Global

Ukraine’s mineral deal with U.S. is only first step, says MP Zhelezniak

Kate Kikot
2 May, 2025 Friday
20:35

Member of Parliament Yaroslav Zhelezniak called the agreement with the United States on mineral resources just one of three that Ukraine needs to sign, noting that the current document is fairly general

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He stated this during a broadcast of Den.LIVE.

The MP clarified that the first agreement on resources with the United States is a framework and general agreement, lacking specific details about fund management, financing, projects, or mineral rights. The 12-page document is already publicly available, including on the Cabinet of Ministers’ website.

In contrast, the second document is the most important. According to Zhelezniak, that is the one expected to contain the key specifics.

"Three agreements have not yet been signed. The first one has been signed—it's a general introductory agreement. There is still a second agreement, regarding what’s called a limited partnership, which includes all the key details. The third is essentially the charter of the Fund. So far, only the first agreement and a memorandum stating that the second and third will be signed soon have been concluded," Zhelezniak explained.

  • On April 30, Ukraine and the United States signed an agreement to establish the Ukraine Reconstruction Investment Fund. 

  • The White House has called the signing of the agreement on the establishment of the Reconstruction Investment Fund between the United States and Ukraine a first-of-its-kind historic partnership.

  • President of Ukraine Volodymyr Zelenskyy stated that the mineral resources agreement signed with the United States underwent significant changes during its preparation. It is now an equal partnership.

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