Ukraine and US sign memorandum of intent to conclude critical minerals deal – photo

Ukraine and the United States have signed a memorandum confirming their intention to finalise and conclude an agreement that will benefit both nations.

Source: Yuliia Svyrydenko, First Deputy Prime Minister and Economy Minister, on Facebook

Quote: "Today we took a step towards a joint Economic Partnership Agreement with the United States. Ukraine and the US signed a memorandum that confirms the constructive joint work of our teams and the intention to finalise and conclude an agreement that will be beneficial to both our nations.

We are preparing to establish an investment fund for the reconstruction of Ukraine. The relevant agreement will open up opportunities for significant investment, infrastructure modernisation and mutually beneficial partnership between Ukraine and the United States, which is exactly what our teams are working towards in the document."

Details: Svyrydenko said the document confirms "the American people’s commitment to invest together with the Ukrainian people in a free, sovereign and secure Ukraine".

Next steps include finalisation of the agreement text, followed by its signing and ratification by the parliaments.

Background:

• Earlier, Svyrydenko also announced the signing of a memorandum of intent with the US which will precede an agreement on critical minerals.
• Svyrydenko also stated there had been significant progress towards concluding a minerals deal.

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