Text of agreement with US will be considered today, it is directly tied to security guarantees - Shmyhal
Prime Minister of Ukraine Denys Shmyhal said that today the government will consider the text of the agreement with the United States.
He said this during a telethon, Censor.NET reports.
"As of today, this agreement is called the 'Agreement on the Establishment of the Rules and Conditions of the Investment Fund for the Reconstruction of Ukraine'. In fact, it is a preliminary agreement that provides for legal action. This is the future creation of an investment fund for the reconstruction of Ukraine, where Ukraine and the United States will manage this fund on an equal footing, filling it up," the Prime Minister said.
According to Shmyhal, the agreement is directly tied to security guarantees. Neither the President nor the Cabinet of Ministers will consider this agreement and its signing in isolation from Ukraine's security guarantees.
"The agreement is tied to security guarantees. In this preliminary agreement, paragraph 10 says that this fund agreement constitutes an integral element of the architecture of bilateral and multilateral agreements, as well as concrete steps to establish lasting peace, strengthen economic and security resilience, and reflect the goals set forth in the preamble to this agreement. And the US government supports Ukraine's efforts to obtain the security guarantees necessary to create a lasting peace," he explained.
The Prime Minister added that the Cabinet of Ministers would consider the text of the agreement with the United States today.
Minerals agreement with the US
As a reminder, Trump has said he wants to sign a $500 billion deal with Ukrainian President Volodymyr Zelenskyy on access to rare earth resources and natural gas in Ukraine in exchange for security guarantees in any potential peace settlement.
President Zelenskyy said that the agreement with the US on minerals would be signed at the ministerial level when ready and subject to guarantees. Currently, this document is not ready to protect Ukraine's interest.
Later, Trump said that Ukraine had derailed the rare earth metals deal. The agreement was needed so that the United States could recover the money spent on supporting Ukraine.
The administration of U.S. President Donald Trump has handed over to Ukraine an "improved" draft of the minerals agreement that "complies with Ukrainian law."
President Volodymyr Zelenskyy said that if the US wants to see specific numbers in the minerals agreement, then according to Ukrainian law, ratification by the Verkhovna Rada will be required.
On 25 February, the Financial Times reported that Ukraine and the United States had agreed on the terms of a deal on minerals, and Kyiv was ready to sign the document.
