After negotiations collapsed in February, Ukraine’s critical minerals deal with the United States is slated to be signed this week. Kyiv and Washington will set up a joint investment fund for postwar reconstruction, with Ukraine contributing half the revenues generated from exploiting natural resources.
However, granting the U.S. partial economic and governance rights has led critics to characterize the deal as extortion. In reality, it’s an investment in Ukraine’s survival and future.
Without comprehensive post-war reconstruction, Ukraine will become a failed state. Its greatest obstacle to rebuilding and safeguarding its borders remains entrenched corruption. Yet the fund’s design integrates stringent American standards of transparency, accountability, and anti-corruption, ensuring the revenues serve the nation’s broader economic and social revitalization rather than filling the pockets of oligarchs.
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