oneWith ongoing deliberations and uncertainty, the United States and Ukraine signed an agreement on Wednesday, April 30 to get the U.S. discounts to acquire new Ukrainian mineral transactions in exchange for the Kiev Investment Fund.
The plan was originally proposed a few months ago, but the conversation quickly derailed after a heated debate between U.S. President Donald Trump and Ukrainian President Vodimir Zelensky on February 28.
The deal was signed by U.S. Treasury Secretary Scott Bessent and Ukraine’s first deputy prime minister Yulia Svyrydenko. While the full text of the agreement has not been made public, Bessent told social media: “I am happy to announce the signing of today’s historic economic partnership agreement.”
Bessent added that the deal, known as the "Ukrainian Reconstruction Investment Fund", would "help accelerate Ukraine's economic recovery" and that "economic security is national security."
Svyrydenko also outlines some aspects of the transaction and says on X: "All ownership and control remain in Ukraine. All resources on our territory and territory belong to Ukraine...it is the Ukrainian state that determines where and what is extracted."
During a call with the News Agency on Wednesday, President Donald Trump held a seemingly critical meeting with Zelensky at Pope Francis’ funeral last week, after which he publicly called on Russian President Vladimir Putin. "I told him (Zelensky) that if we can make an agreement and sign a deal, that's a good thing because Russia is much stronger," the president told the news.
Trump had previously claimed that the United States has spent $30 billion on Ukraine since the Russian invasion in 2022, but the Kiel Institute believes that the United States spent nearly $120 billion on Ukraine's aid between January 2022 and December 2024.
As the world waits to hear the exact details of the economic agreement, this is what the key politician said after signing the deal:
Volodymyr Zelensky
Although Zelensky has not publicly commented on the signing of the agreement, he has since called for increased pressure on Russia to end the war.
Zelensky reported on a night strike at Odesa in Ukraine that Zelensky said on Thursday morning: "That's why strong diplomatic efforts are needed - the pressure on Russia to force Russia to silence and negotiations.
Andrii Sybiha
Ukrainian Foreign Affairs Minister Andrii Sybiha said the agreement “marks an important milestone in the Ukrainian-U.S. strategic partnership aims to strengthen Ukraine’s economy and security”, in X.
In the same article, Sybiha said he had spoken with senior EU foreign representative Kaja Kallas and informed her of the deal. He added that he was “thanks to the EU for its solidarity and strong support”.
Marco Rubio
U.S. Secretary of State Marco Rubio welcomes the signing of the deal, thanking President Trump for his leadership. Rubio also said the deal was “a milestone for our common prosperity and an important step toward ending this war.”
Gregory Meeks
Democratic Congressman Gregory Meeks called the deal “a blackmailed by Donald Trump on the Ukrainian deal” in a statement, adding that he hoped that “the government can now turn to a real barrier to peace.”
Meeks reiterated his support for the Ukrainian president, saying: “President Zelensky has shown time and time that he is willing to negotiate a work for a sustainable peace; now is the time for Trump to put pressure on the pressure Putin belongs to.”
David Lammy
British Foreign Secretary David Lammy said in a statement that he “welcomes the steps taken by the United States and Ukraine to sign an economic partnership”.
Rami also focused on the relationship between his country and Ukraine, saying: "British support for Ukraine remains unwavering. Through our 100-year partnership, we are deepening the economic and security relationship for future generations of our country."
Dmitry Medvedev
In an article on the telegram, Russian Security Council Vice Chairman Dmitry Medvedev and former Russian president said the deal was a failure for Kyiv, saying: "Trump finally broke the Kiev regime to pay for U.S. aid for minerals … Now they will have to pay military supplies for domestic wealth."