Commenting on ongoing negotiations with the US over a prospective agreement that would give the US access to Ukraine’s valuable mineral resources, Ukraine’s Economy Minister Yuliia Svyrydenko said the US and Ukrainian teams have achieved “significant progress”.
She said that both sides are working on a “memorandum of intent” that would reflect positive developments in the talks, adding that “we are preparing to complete the formalisation of the agreement in the near future.”
The deal, which needs to be ratified by the Ukrainian parliament, "will provide opportunities for investment and development in Ukraine, and will also provide conditions for tangible economic growth for both Ukraine and the United States,” Ms Svyrydenko added.