The agreement will see the two countries collaborate to ensure that "mutual assets, talents, and capabilities" can accelerate Kyiv's recovery, Washington says.

The United States and Ukraine have signed an “economic partnership agreement” that will give Washington access to Kyiv’s rare earth minerals in exchange for establishing an investment fund in Ukraine.

The Trump administration and the Ukrainian government finalized a deal creating a joint fund to boost the reconstruction of the war-torn nation, calling for investment in Kyiv’s oil, gas and rare mineral industries.