Insights on the Newly Signed US-Ukraine Resources Agreement

This article outlines key points from the US-Ukraine resources agreement that promises joint access to Ukraine's natural assets without repayment demands. The deal shows a toughening US stance against Russia while reaffirming Ukraine's EU ambitions and future military support.

The US and Ukraine have formalized a new resources agreement that allows for American access to Ukraine's natural resources, further strengthening their partnership in the ongoing conflict. Months of negotiations culminated in an investment fund expected to facilitate US assistance for Ukraine as it continues to combat Russian aggression more than three years after the invasion began. Here are the seven main highlights from the agreement.

**No Repayment Concerns:** Former President Trump previously noted a demand for Ukraine to repay the $350 billion (£264 billion) in aid claimed to be provided by the US during the war. However, Ukrainian Prime Minister Denys Shmyhal has confirmed that the new deal does not impose any repayment obligations on Ukraine.

**Mineral Wealth for the US:** While Trump portrays the agreement as a significant win for the US, suggesting it could collect "much more in theory" than the spent billions, the focus remains on unlocking Ukraine's rich mineral resources.

**Stronger US Rhetoric Against Russia:** Notably, the US administration has adopted a tougher stance against Russia in their announcements surrounding the deal. Referring specifically to "Russia's full-scale invasion," the agreement makes clear that no state or individual supporting the Russian war effort would benefit from Ukraine's reconstruction.

**Resource Inclusion:** The scope of the deal goes beyond minerals, including provisions for oil, natural gas, and hydrocarbons, while ensuring these resources remain under Ukrainian ownership. This addition has been viewed as a pragmatic shift in Ukraine's position.

**EU Objectives Unhindered:** Concerns that the deal could impede Ukraine’s aspirations to join the European Union were addressed, with assurances that the agreement will not conflict with its EU ambitions. This includes a commitment from the US to support investment transfers from both the EU and elsewhere.

**American Military Support in Play:** Framing the agreement as crucial for continued military assistance to Ukraine, US officials are emphasizing the potential for new military aids, including air defense systems. This marks a strategic shift, as Trump's previous stance suggested a reduction in military support.

**Potential Profit Reinvestment:** A noteworthy component of the investment fund is the proposal that profits obtained will be reinvested in Ukraine for the first ten years. While not included in the signed agreement, this possibility remains under discussion and could be crucial for Ukraine's economic recovery.

In conclusion, the US-Ukraine resources agreement represents a multifaceted step forward in their partnership, balancing economic interests with military support, while also positioning Ukraine strategically in the evolving geopolitical landscape.