Brief by Shorts91NewsDesk / 01:32pm on 01 May 2025,Thursday Business
The United States and Ukraine have signed a landmark agreement to create a joint Reconstruction Investment Fund, sharing future profits from Ukraine's critical minerals sector. The deal ensures Ukraine retains full ownership of its resources and infrastructure, with both countries having equal voting rights. Revenues will be based solely on new projects, avoiding additional debt for Ukraine. U.S. officials see this as a strategic and moral commitment to Ukraine’s long-term recovery and sovereignty. Ukrainian leaders praised the fairness of the arrangement, which aims to rebuild the economy while securing global access to rare earth elements crucial for clean technology. (PC: Getty Images)
