Ukrainian Rada ratifies Trump’s minerals deal
By: cryptosheadlines|2025/05/09 03:45:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Ukrainian parliament has approved the recently signed minerals deal with U.S. President Donald Trump’s administration, seen by some as controversial.The agreement was backed by a sizable majority of lawmakers after adding certain caveats concerning important additional deals that are yet to be sealed by the two sides.Ukraine’s legislature greenlights reconstruction and minerals deal with U.S.Members of the Verkhovna Rada, Ukraine’s parliament, gave the nod to the so-called “minerals deal” with Washington that will allow the United States to exploit the Eastern European nation’s natural resources and recover billions of dollars’ worth of war-time aid.In a vote on Thursday, the ratification of the economic partnership agreement with the U.S. was backed by 338 out of 450 Ukrainian deputies, the UNIAN news agency reported. The approval came after a heated debate during which the move was criticized by the opposition.The decision paves the way for the establishment of a Reconstruction Investment Fund in the war-ravaged Ukraine that will be filled equally and managed by both governments. The money should come from mining and energy revenues as well as foreign investments.The ratification creates legal grounds for the implementation of the bilateral agreement signed on April 30. The deal was struck after prolonged negotiations and a failed first attempt after a clash between Trump and his Ukrainian counterpart at the White House at the end of February.I am grateful to everyone on our team who worked on the Economic Partnership Agreement with the United States, and to everyone who supported it. I thank all 338 Members of Parliament who voted in favour of the agreement. I expect the ratification law to be submitted from the...— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 8, 2025In April, opposition pressure increased on President Volodymyr Zelenskyy to inform lawmakers about progress in the negotiations on the minerals deal with the U.S. and the process for peace with Russia, the latter being another of Trump’s priorities.The government in Kyiv announced it has submitted the agreement for ratification on May 1, shortly after its signing by U.S. Treasury Secretary Scott Bessent and Ukraine’s First Deputy Prime Minister Yulia Svyrydenko.Agreement covers all Ukrainian territories, including lands occupied by RussiaThe deal grants the U.S. preferential access to Ukraine’s natural resources, not just the rare-earth metals as initially discussed. Half of the proceeds from all new projects extracting Ukrainian minerals will go into the joint investment fund.Yulia Svyrydenko emphasized in a statement that the agreement reflects Ukraine’s constitutional principles and elaborated:“Ownership and control over the subsoil remains with Ukraine, all resources on our entire land and territorial waters belong to Ukraine, national property is protected.”She added that Ukraine will submit investment projects which will allow it to fulfil its economic priorities. The Kyiv official also highlighted that the agreement takes into account Ukraine’s course toward joining the European Union and its obligations in that regard.Svyrydenko insisted that shares in the Reconstruction Investment Fund will be divided equally between Ukraine and the United States and that a clear mechanism will be implemented for distributing the generated income.The Ukrainian Parliament has ratified the historic Economic Partnership Agreement between Ukraine and the United States.This document is not merely a legal construct — it is the foundation of a new model of interaction with a key strategic partner. pic.twitter.com/pIkMG1gUVu— Yulia Svyrydenko (@Svyrydenko_Y) May 8, 2025Meanwhile, Deputy Minister of Economy Taras Kachka pointed out that the minerals deal does not split Ukrainian land into occupied and unoccupied territories, noting that the two sides have not yet discussed where the fund will operate.Two additional “technical deals,” mentioned throughout the main agreement, remain to be signed in order to determine who is going to manage the investment fund and decide how and when to spend its proceeds, Politico noted in a report.Ukrainian lawmakers have complained that the executive power refused to reveal these agreements, to which the government responded through a spokesperson explaining that the deals are not ready yet. Eventually, the Rada clarified in its bill that the ratification of the main document translates into automatic approval for future technical deals.Cryptopolitan Academy: Coming Soon – A New Way to Earn Passive Income with DeFi in 2025. Learn MoreSource link
You may also like

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?
How does the GENIUS Act reshape the stablecoin landscape?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion
A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.

Mergers and acquisitions in the cryptocurrency market are exceptionally active
Behind the rise in mergers and acquisitions is a sluggish financing market, declining project valuations, and increased pressure for startup teams to exit. However, it also indicates that the cryptocurrency industry has not lost its capital vitality, but is completing resource reorganization in anot...

Concerns Behind the Binance Customer Service Controversy
As the user base expands to the scale of Binance today, relying on the personal efforts of the founder and a few employees to fill process gaps has become an unsustainable arrangement.

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?
SpaceX stock has become one of the hottest trades of 2026. Can SPCX reach $200 before QQQ inclusion? Discover the latest SpaceX stock prediction, analyst targets, Bitcoin exposure, and the key catalysts that could move SpaceX stock after its historic IPO.

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle
The CLARITY Act has cleared a major Senate hurdle, but the hardest battle is still ahead. With the July 4 deadline approaching, can the White House finally pass its biggest crypto regulation bill? Find the clues in our exclusive analysis below.

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival
France vs Senegal World Cup 2026 preview: Can Mbappe lead France past Senegal after the shocking 2002 World Cup defeat? Full team news, predicted lineups, key battles, and WEEX's exclusive match prediction.

What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15

If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.

After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?
Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.
SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?
Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15
The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.
How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.
The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?
How does the GENIUS Act reshape the stablecoin landscape?
A16Z: The sun bears witness, SpaceX is worth 7.5 trillion
A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
