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Ukraine ready to sign minerals deal with US, could happen today

Ukraine ready to sign minerals deal with US, could happen today

Ukraine is ready to sign the long-awaited minerals agreement with the US, which could happen as early as April 30, a source in the President's Office told the newspaper. Kyiv Independent.

According to the source, the final version of the agreement includes a 50-50 investment structure between the two countries and contains "many good details", foreign media write, reports Telegraph.

"I hope it will be approved soon, during the day, and in the evening our time. (Economy Minister) Yulia Svyrydenko will sign it," the source said.


The agreement excludes any commission related to Ukraine's debt for previous US military or financial assistance, the source added.

This marks a departure from previous US proposals, in which President Donald Trump had sought to frame the deal as a partial repayment for US military aid, claiming that Ukraine owed Washington up to $300 billion.

Since the start of the full-scale invasion by Russia, Kiev has received just over $100 billion in aid.

US Treasury Secretary Scott Bessent said earlier this month that the minerals deal would underscore Washington's commitment to Ukraine as an economic partner and could be used as leverage to encourage Russia to negotiate an end to its war. /Telegraph/

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