**US and Ukraine Agree on Mineral Deal**
The US and Ukraine have reached an agreement on a mineral deal. The full text of the deal was obtained by the Kyiv Independent from a Ukrainian government source.
**What’s in the Deal?**
The deal, agreed upon on February 25, is part of a larger effort to deepen partnership between the two countries. It establishes a Reconstruction Investment Fund (Fund) that will collect and reinvest revenues contributed to it. The Fund will be jointly managed by representatives from both governments.
**Key Points**
* Ukraine will contribute 50% of revenues earned from the monetization of its natural resource assets.
* The US will maintain a long-term financial commitment to developing a stable and economically prosperous Ukraine.
* The investment process will aim to increase the development, processing, and monetization of Ukrainian assets.
* The Fund Agreement must be ratified by Ukraine’s parliament.
**Background**
The deal has been in the making for weeks, with negotiations fueled by tensions between US President Donald Trump and Ukrainian President Volodymyr Zelensky. Zelensky will likely travel to Washington for a signing ceremony in the coming weeks.
**Quotes from Officials**
Zelensky described the agreement as “well appreciated” by his government officials but noted that it does not yet contain security guarantees. The US supports Ukraine’s efforts to obtain these guarantees, with both parties committing to negotiate the Fund Agreement.