U.S. and Ukraine Forge Strategic Economic Partnership to Develop Natural Resources and Support Reconstruction

In a significant development aimed at strengthening bilateral ties and supporting Ukraine’s post-war recovery, the United States and Ukraine have signed an economic partnership agreement. The deal grants U.S. companies privileged access to Ukraine’s natural resources, including critical minerals such as aluminum, graphite, oil, and natural gas, and establishes a joint investment fund to facilitate Ukraine’s reconstruction efforts. 

The agreement, finalized on April 30, 2025, at the U.S. Treasury Department, marks a culmination of weeks of negotiations between the two nations. Under the terms of the deal, the United States and Ukraine will co-manage the “United States-Ukraine Reconstruction Investment Fund,” designed to attract global capital for rebuilding Ukraine’s war-torn economy. The fund will focus on developing Ukraine’s natural resources sector, aiming to boost economic growth and stability in the region.

U.S. Treasury Secretary Scott Bessent and Ukraine’s First Deputy Prime Minister Yulia Svyrydenko signed the agreement, emphasizing the mutual benefits of the partnership. The deal is structured to align with Ukraine’s aspirations for European Union membership, ensuring compliance with EU laws and regulations. 

The establishment of the joint investment fund is seen as a strategic move to solidify U.S. support for Ukraine amid ongoing challenges posed by the conflict with Russia. By facilitating access to Ukraine’s abundant natural resources, the agreement aims to stimulate economic development and provide a foundation for long-term cooperation between the two countries.

While the deal does not include specific security guarantees, it represents a significant step in reinforcing the U.S.-Ukraine alliance and underscores the commitment of both nations to Ukraine’s sovereignty and economic resilience.

The agreement is pending ratification by Ukraine’s Parliament, which is expected to review and approve the terms in the coming weeks. Once enacted, the partnership will pave the way for increased investment opportunities and collaborative projects aimed at revitalizing Ukraine’s economy and infrastructure.