On Wednesday Kiev signed President Donald Trump’s mineral deal which aims to bring about the end of the Ukraine war while also paying the U.S. back for the military aid Washington supplied it.
“I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States Ukraine Reconstruction Investment Fund,” U.S. Treasury Secretary Scott Bessent said Wednesday. “This partnership allows the United States to invest alongside Ukraine to unlock Ukraine’s growth assets, mobilize American talent, capital and governance standards that will improve Ukraine’s investment climate and accelerate Ukraine’s economic recovery.”
Thanks to @POTUS @realDonaldTrump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund to help… pic.twitter.com/N1jPa35DYh
— Treasury Secretary Scott Bessent (@SecScottBessent) April 30, 2025
The final agreement includes a 50/50 split of mineral resource revenue between Washington and Kiev, as well as future U.S. military aid. Both of these provisions were added back after being removed due to Ukrainian Dictator Vladimir Zelensky continuing his war.
“The Fund will finance reconstruction efforts, with both sides contributing – including via future U.S. military aid in the form of air defense, a notable change from the last deal draft,” the Kiev Post said.
The new economic partnership has geopolitical implications as well.
“Today’s agreement signals clearly to Russian leadership that the Trump administration is committed to a peace process centered on a free, sovereign and prosperous Ukraine over the long term,” the Treasury Secretary said. “It’s time for this cruel and senseless war to end.”
In the hours prior to the official signing, Moscow urged Kiev to begin direct peace talks with the Kremlin.
On February 28 Ukraine’s Dictator went to Washington where he insulted America in the White House, then refused to sign the mineral deal and was escorted out of the building.
Following his diplomatic debacle, Zelensky managed to continue botching the deal, going so far as to even have a number of provisions for his country removed from it. Later, Kiev sent ‘a team‘ of delegates to Washington to actually negotiate the deal without the Dictator present.
On April 18 Ukrainian officials agreed to a preliminary mineral deal, paving the way for the official signing of the final agreement.
Moscow has also been affected by President Trump’s geopolitical operations. On Tuesday the Kremlin announced it had backtracked on a previous policy and is now willing to engage in direct peace negotiations with the government in Kiev after Trump’s envoy Steve Witkoff held numerous talks with Russian President Vladimir Putin.