💨 Abstract

The US and Ukraine have signed a minerals deal, granting the US access to Ukraine's rare earth minerals in exchange for supporting Ukraine's defense against Russia. The agreement establishes a jointly managed Reconstruction Investment Fund, with profits from the first 10 years reinvested in Ukraine's economy. The deal does not require repayment of past US aid and includes the US acknowledging Ukraine's EU aspirations.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖