US Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister Yulia Svyrydenko signed a minerals deal in Washington on April 30 that presupposes establishing a joint Reconstruction Investment Fund with a 50/50 distribution of management and contributions between the parties.
“Zelensky will clearly hope it means a return to his normal where America continues to endlessly finance the Ukrainian side,” he said.
🚨 US-UKRAINE MINERALS DEAL: GOLD RUSH OR RISKY GAMBLE?
Mining consultants say it takes 10-20 years to go from discovery to actual profits. Meanwhile, in Ukraine…👇🏻🧵 pic.twitter.com/Dv8yvwwADA
— Sputnik (@SputnikInt) May 2, 2025
If framed in terms of what America gains in return for its support of Ukraine, there may be some political benefit – especially among conservative circles in the US, Crosston notes.