Ukraine and the United States held the first meeting of the board of directors of a joint investment fund, established as part of an agreement on minerals, announced the Ukrainian Prime Minister Julia Svyrydenko.
The agreement provides Washington with preferential access to Ukrainian mineral resources in return for US investment in the country's economy. Kyiv hopes the partnership will help revive an economy severely weakened by the Russian invasion, while also supporting its defense efforts.
The creation of this fund demonstrates the two countries' commitment to deepening their economic and strategic cooperation. Ukrainian minerals—particularly lithium and other critical raw materials—are considered essential for high-tech industries and the energy transition, reinforcing the importance of this partnership for the United States.
For kyiv, it is also a signal to its Western allies, underscoring its ability to conclude lasting economic agreements despite the ongoing war.
Prime Minister Svyrydenko welcomed a "key step" in bilateral cooperation, insisting that the expected investments should contribute not only to the economic resilience of Ukraine, but also to the indirect financing of its defense capabilities against Russia.
