Ukraine and America finally signed a mineral deal on Wednesday. Under this deal, America will get special access to Ukraine’s new mineral projects. In return, America will invest in the reconstruction of Ukraine. Under this deal, a joint investment fund will be created for the redevelopment and reconstruction of Ukraine. Apart from this, the Trump government has not immediately released more details about this deal, and it is also not clear what effect it will have on America’s military aid. According to sources, no firm guarantee of any kind of security help has been given by America in the final deal. Both countries will invest 50-50 in the joint investment fund. Ukraine’s Economy Ministry has said that America will contribute to this fund directly or through military aid, while Ukraine will put 50% of the income from the use of its natural resources in this fund. The ministry said that all the money of the fund will be invested only in Ukraine for the first 10 years. After this, ‘the profit can be divided between the two partners.’ The ministry also said that the US and Ukraine will get equal share in the decisions of the fund. This deal only covers future US military aid, the aid given earlier is not included in it. Ukrainian Prime Minister said – We will maintain full control over our resources In a post on Telegram, Ukrainian Prime Minister Denis Shmihal wrote that the investment fund that will be created under this deal will have equal voting rights for both the countries, and Ukraine will maintain full control over the resources, infrastructure and natural resources present inside its land. He also said that the profit from this investment fund will be reinvested in Ukraine itself. Shmihal wrote, ‘With the help of this agreement, we will be able to bring resources on a large scale for reconstruction, start economic growth, and also get the latest technology from a strategic partner like America.’ Trump wants to get a peace agreement between Russia and Ukraine through this deal. US President Donald Trump had been pressuring Ukraine for this deal for a long time. According to the Trump administration, through this initiative, they are trying to get a peace agreement to end the war going on between Russia and Ukraine for the last three years. This deal was signed in Washington. Talks were going on for the last few months regarding this. At the end of February, Ukrainian President Zelensky went to America to sign the deal, but there he had an argument with President Trump and Vice President JD Vance, due to which the deal was postponed. US Finance Minister said – US Treasury Secretary Scott Besant, who is working for permanent peace in Ukraine, said in a statement, ‘This agreement gives a clear message to Russia that the Trump administration is working for a peace process that creates an independent, sovereign and prosperous Ukraine for a long time. And to be clear, any country or person who has given financial help to Russia’s war machine will not benefit from the reconstruction of Ukraine.’ The deal includes an agreement on natural resources The idea of giving America a share in Ukraine’s minerals was first put forward by Ukrainian President Volodymyr Zelensky to Trump during a meeting at Trump Tower in September last year. Although minerals were not directly mentioned in this announcement, a spokesperson for the US Treasury Department said that the deal includes an agreement on natural resources on which negotiations were already going on. The Treasury Department said that the US International Development Finance Corporation would finalize the details of this agreement in collaboration with Ukraine. Ukraine has 5% of the world’s raw material Ukraine has about 5% of the world’s total raw material of rare earth materials. This includes about 19 million tonnes of graphite reserves. Apart from this, Ukraine has 33% of Europe’s total lithium reserves. Before the start of the war, Ukraine had a 7% share in global titanium production. Ukraine has many important reserves of rare earth materials. However, after the war many of these have come under the control of Russia. According to Ukrainian Minister Yulia Sviridenko, there are resources worth $350 billion in the Russian-occupied Ukrainian part. Rare earth materials are used in everything from electronics to IT. Rare earth materials are a group of 17 elements that are used in everything from consumer electronics to military equipment. It is used in IT industries, solar energy, chemical industries, modern technical oil refineries and many other industries.
