Ukrainian Parliament Ratifies Natural Resources Deal With US

Excavators at a graphite mine in the Kirovohrad region, Zavallya, Ukraine.
Excavators at a graphite mine in the Kirovohrad region, Zavallya, Ukraine. Photographer: Olena Koloda/Bloomberg

Ukraine’s parliament ratified a deal with the US over access to the country’s natural resources, lending its full support to attempts by President Volodymyr Zelenskiy to improve ties with Donald Trump.

Ukraine and the US reached the accord a week ago after long negotiations that led Washington to drop its insistence on getting back billions of dollars in aid delivered to Kyiv since the start of Russia’s invasion more than three years ago.

A total of 338 lawmakers in Kyiv on Thursday voted in support of ratifying the agreement, which was designed to grant the US privileged access to new investment projects in Ukraine.

The deal, seen as one of the key elements to gain favor from Trump as he pushes to end Russia’s war, would let the US tap licensing proceeds generated from the future development of Ukraine’s aluminum, graphite, oil, natural gas and other deposits.

With Russia pressing along the more than 1,000-kilometer (620-mile) frontline, Kyiv has been keen to get back into Trump’s good graces after his administration sought a quick ceasefire that would favor Moscow. The deal stipulated the possibility of the US using future military aid shipments as contributions to a joint investment fund.

Share This:


More News Articles

 

  • Related Posts

    Top US Refiners See Profits Soar, Step Up Investor Rewards

    By Nicole Jao Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing…

    BofA to Plow $250 Billion Into Critical Infrastructure Projects

    By Paula Seligson and Katherine Doherty Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers…

    Have You Seen?

    Podcast | Helium Super Summit preview: shortages, supply and new producers

    • October 19, 2026
    Podcast | Helium Super Summit preview: shortages, supply and new producers

    China’s Solar Exports Keep Falling as Beijing Mulls Export Controls

    • October 19, 2026
    China’s Solar Exports Keep Falling as Beijing Mulls Export Controls

    Qatari LNG Cargo Heads Through Red Sea to Europe in Rare Suez Run

    • October 19, 2026
    Qatari LNG Cargo Heads Through Red Sea to Europe in Rare Suez Run

    Iraq’s October Oil Exports Top 3.4 Million Bpd, Nearing Pre-War Levels

    • October 19, 2026
    Iraq’s October Oil Exports Top 3.4 Million Bpd, Nearing Pre-War Levels

    Mozambique Pitches Sasol and ROMPCO on $250 Million Gas Project

    • October 19, 2026
    Mozambique Pitches Sasol and ROMPCO on $250 Million Gas Project

    CCUS awards recognise capture technology and CO2 infrastructure projects

    • October 19, 2026
    CCUS awards recognise capture technology and CO2 infrastructure projects

    China’s Coal Production Slumps 6.8% as Winter Supply Fears Grow

    • October 19, 2026
    China’s Coal Production Slumps 6.8% as Winter Supply Fears Grow

    Japan’s Electricity Prices Surge 25% as LNG and Coal Costs Soar

    • October 19, 2026
    Japan’s Electricity Prices Surge 25% as LNG and Coal Costs Soar

    Woodside Resumes Work at Australian LNG Project after Greenpeace Stunt

    • October 19, 2026
    Woodside Resumes Work at Australian LNG Project after Greenpeace Stunt

    Técnicas Reunidas wins €200m contract for LNG Canada pipeline expansion

    • October 19, 2026
    Técnicas Reunidas wins €200m contract for LNG Canada pipeline expansion