Ukraine signs minerals deal with U.S. in bid for more military aid [Video]

The U.S. and Ukraine have signed a long-anticipated mineral resources deal that could help Kyiv secure future military assistance, despite an apparent last-minute disagreement about its terms.

The U.S. Treasury Department said late Wednesday afternoon that the two sides had agreed to establish a United States-Ukraine Reconstruction Investment Fund that would “accelerate Ukraine’s economic recovery” from Russia’s invasion while also recognizing “the significant financial and material support” that Washington has provided.

The announcement contained few details about the fund, which will be run by Treasury and the U.S. International Development Finance Corporation.

U.S. Treasury Secretary Scott Bessent said in a statement that “the Trump administration is committed to a peace process centred on a …