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U.S. and Ukraine Sign Deal for Joint Natural Resources Investment Fund

HeadlineMay 01, 2025

U.S. and Ukrainian officials signed a deal late Wednesday that will give the U.S. a stake in Ukraine’s mineral reserves, as part of a joint investment fund with Kyiv. Details of the deal have yet to be released, including any guarantees of U.S. security assistance for Ukraine. Trump has sought to frame the agreement as repayment for U.S. military aid to Ukraine since Russia’s invasion in February 2022. The Ukrainian parliament will still need to ratify the deal. Treasury Secretary Scott Bessent spoke after signing the agreement.

Treasury Secretary Scott Bessent: “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. It’s time for this cruel and senseless war to end.”

We’ll have more on this story later in the show with investigative journalist Antonia Juhasz.

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