The United States and Ukraine have concluded a major deal that gives American companies distinct to reach the main natural resources in Ukraine – including aluminum, graphite, oil and natural gas – which can enhance technology and cars sectors.
Ukrainian Deputy Prime Minister Yulia Sfridinko and Treasury Secretary Scott Beesen signed the deal in Washington, DC, on Wednesday.
“This agreement clearly indicates Russia The Treasury said in a press statement, “The Trump administration is committed to a peace process that focused on free and sovereign Ukraine, in the long term,” the Treasury said in a press statement.
The press statement added on Wednesday that this economic partnership occupies the position of Ukraine and the United States “working cooperatively and investing together” to ensure that “our assets, talents, and mutual capabilities can accelerate the economic recovery of Ukraine.”
“Along with the United States, we create the fund that attracts global investment to our country,” said Ukrainian Prime Minister Yulia Sferidko on social media.
Pesent later said in the video statement that the deal would help “open the origins of growth in Ukraine.”
Trump’s trade war increased the importance of an agreement with Ukraine
The agreement comes at the time of the high uncertainty in the supply chain in light of a continuous trade war with China, where 90 % of the current rare ground minerals are obtained in the world.
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As of April 4, China restricts the exports of seven rare ground elements and related materials in response to Trump’s definitions, which may affect critical industries such as defense, energy and cars.
Ukraine has a rich set of natural resources of increasing importance to the United States. Graphite, lithium and titanium are vital to producing EV battery, solar panels and military equipment, while high neon neon neon gas and ground minerals are rare, it is very important to manufacture semiconductors on increasing demand for artificial intelligence.
The metal deal was scheduled to be signed on February 28, but the visit of Ukrainian President Folodimir Zelinski to Washington ended on charges.
The agreement was signed a few days after Trump and Zelinski met personally on the sidelines of the funeral of Pope Francis, as the ceasefire talks continued between Moscow and Washington. On Wednesday, Trump called on their face to face “the moment of condolences in a sense” in an interview with ABC News.
The White House and the Treasury did not respond to requests for comments.
