After months of intense discussions, the US and Kyiv have reached an agreement to split the proceeds from the eventual sale of Ukraine’s energy and mineral reserves.
In addition to addressing Washington’s reservations about the amount of help it has already provided, the agreement seeks to give the US financial incentives to keep funding Ukraine’s defense and reconstruction.
Large quantities of vital minerals like lithium, titanium, and graphite are thought to exist in Ukraine. Because of their application in infrastructure, military technologies, and renewable energy, they are in great demand.
US Treasury Secretary Scott Bessent said it showed both sides were committed to lasting peace and prosperity in Ukraine.
