Shafaqna English | International Shia News & Fatwas
All NewsBusinessEuropeFeatured 1Other NewsUS

First step by joint US-Ukrainian fund in critical minerals

Shafaqna English– A top US official told Reuters that the joint US-Ukrainian reconstruction investment fund has closed its first critical minerals agreement. The fund also sealed four additional new projects at the same time. Together, these deals signal the fund’s transition from planning to active investment.

The fund emerged from a minerals agreement signed by the two nations in April last year. The pact was driven by a push from Donald Trump. Its mandate covers five strategic areas, ranging from minerals and defense to energy and infrastructure.

The fund’s first minerals deal signals a new phase in US-Ukrainian economic cooperation. It reflects broader efforts to secure critical resources and rebuild Ukraine’s economy. The five strategic sectors suggest a long-term, multi-dimensional approach.

Source: Reuters

www.shafaqna.com

Related posts

Texas suspends electricity for data centers

asadian

Advancement of India-New Zealand diplomatic relations

asadian

UAE-South Korea to boost technological cooperation

parniani

UAE-Vietnam Joint Committee to develop economic cooperation

asadian

Photos: ‌Reconstruction projects of Imam Ridha’s (A.S) Holy Shrine

asadian

Leave a Comment