Ukraine and the United States are working to launch a joint minerals fund by the end of the year, with the first board meeting expected in July, Ukraine’s First Deputy Prime Minister Yulia Svyrydenko said during a visit to Washington.

Svyrydenko met with U.S. Treasury Secretary Scott Bessent and the U.S. Development Finance Corporation to outline next steps, including decisions on seed capital and a multi-year investment strategy.

• The fund stems from a minerals development agreement signed in April after intense negotiations that improved terms for Kyiv.
• The deal, strongly backed by Trump, was later ratified by Ukraine’s parliament and is seen as a key step in strengthening economic ties.

• The agreement also helped ease tensions between Trump and Ukrainian President Volodymyr Zelenskiy following earlier friction over the path to resolving Ukraine’s ongoing war with Russia.

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.