NewsUS aims for $20 billion boost in Ukraine resource deal

US aims for $20 billion boost in Ukraine resource deal

The USA expects a profit of $20 billion from the agreement with Ukraine regarding resources. These funds are intended to help reduce the budget deficit. The agreement stipulates the creation of an investment fund, to which Ukraine will contribute half of the revenue from resources.

President USA Donald Trump
President USA Donald Trump
Images source: © Getty Images | Andrew Harnik
Przemysław Ciszak

The United States plans to profit $20 billion from the agreement with Ukraine regarding natural resources. According to Kommiersant, Kevin Hassett, the director of the White House's National Economic Council, indicated that these funds might be allocated to reducing the US budget deficit.

The agreement between the USA and Ukraine establishes a Reconstruction Investment Fund. Kyiv will allocate 50% of the revenue from future resource monetization to this fund.

With this transaction, the USA intends to offset the expenses incurred for aid to Ukraine.

According to information provided by the US Department of the Treasury, negotiations regarding the agreement have been completed, and the deal is ready for implementation.

Ukrainian President Volodymyr Zelenskyy confirmed on Wednesday that an agreement has been reached between Ukraine and the USA. On Friday, he will meet with the American president in Washington at 3 p.m. Eastern Time to sign the agreement.

He added that he hopes the agreement will include security guarantees for Ukraine, as they are currently lacking. However, according to Trump’s circle, simply having the USA financially involved in business in Ukraine would serve as a form of guarantee.

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