Ukraine releases details of mineral agreement without mentioning debt obligations, US may provide new aid

On May 1st, local time in Ukraine, First Deputy Prime Minister and Minister of Economy Sviridenko revealed on social media that according to the agreement reached between Ukrainian President Vladimir Zelensky and US President Donald Trump, she and US Treasury Secretary Scott Besson jointly signed the “US Ukraine Reconstruction Investment Fund Establishment Agreement”, which was previously known as the “US Ukraine Mineral Agreement”. The fourth key point of the agreement announced by Ukrainian Deputy Prime Minister Sviridenko on the same day is marked as “no debt burden”, and further explanation clearly states that “the agreement does not mention Ukraine’s debt obligations to the United States”. This part was previously one of the main differences in the agreement between the United States and Ukraine. The United States once requested that the income of the fund established in the agreement be prioritized for repaying the debt previously provided by the United States to Ukraine, and then used for Ukraine’s reconstruction; In the specific explanation of the ninth point “tax protection”, it is stated that “the United States may provide new assistance, such as providing air defense systems for Ukraine”. (CCTV News)

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