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US and Ukraine sign memorandum of intent on minerals deal

Officials say memo was signed ‘virtually’ and hope to finalise a full economic accord by the end of next week

Kyiv and Washington have signed a memorandum of intent pledging to advance an agreement on an investment fund for Ukraine’s natural resources and energy assets, officials familiar with the matter told the Financial Times.

The officials said the memorandum had been signed “virtually” and that they hoped to finalise the full economic accord as early as the end of next week.

Yulia Svyrydenko, first vice-prime minister and economy minister, confirmed the signing, posting a photograph of herself with Treasury secretary Scott Bessent each in their respective offices.

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