PULSE POINTS:
❓What Happened: President Donald J. Trump finalized a critical minerals and natural resources agreement with Ukraine on Wednesday. The eastern European nation’s Deputy Prime Minister Yulia Svyrydenko was dispatched to Washington, D.C., to sign the deal with President Trump’s Treasury Secretary Scott Bessent.
👥 Who’s Involved: President Donald J. Trump, Treasury Secretary Scott Bessent, Ukrainian President Volodymyr Zelensky, and Ukraine’s Deputy Prime Minister Yulia Svyrydenko.
📍 Where & When: The deal was finalized late Wednesday afternoon, and an official signing is expected later in the evening.
💬 Key Quote: “Thanks to [President Donald J. Trump]’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund to help accelerate Ukraine’s economic recovery,” Treasury Secretary Scott Bessent said, announcing the deal in a post on X (formerly Twitter).
⚠️ Impact: The agreement with Ukraine will, in part, reimburse American taxpayers for future military aid and provide the United States with access to the country’s natural resources, including critical metals like aluminum, as well as graphite and natural gas.
IN FULL:
President Donald J. Trump has reached an agreement with the government of Ukraine, creating an economic partnership that will see the eastern European nation share access to its mineral wealth in exchange for future military aid. Under the deal, the United States will have preferential access to Ukraine’s rare earth minerals, oil, and natural gas. Additionally, the partnership will see greater U.S. economic involvement in Ukraine, serving as a quasi-security guarantee for the country, which is currently at war with Russia.
“Thanks to [President Donald J. Trump]’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund to help accelerate Ukraine’s economic recovery,” Treasury Secretary Scott Bessent said, announcing the deal in a post on X (formerly Twitter). He continued: “Economic security is national security.”
The U.S Treasury Secretary added: “[The U.S. International Development Finance Corporation] will work closely with the Government of Ukraine to establish this fund, and we look forward to quickly operationalizing this historic economic partnership for both the Ukrainian and American people.”
As the deal appeared imminent, Ukraine dispatched Deputy Prime Minister Yulia Svyrydenko to Washington, D.C. earlier on Wednesday to sign the agreement with Secretary Bessent. Meanwhile, Ukraine’s Deputy Economy Minister Taras Kachka described the partnership as “a win-win,” noting, “It is written in friendly language. It is about investments, investments, and investments.”
The National Pulse reported on Tuesday that the minerals deal was close to finalization. Speaking with The Pulse, White House Press Secretary Karoline Leavitt said, “Ukraine needs to sign it, they should sign it… It’s an economic partnership between the United States and Ukraine; that’s what the President envisions, and he wants Ukraine to sign that deal, and he’s confident that they will.”